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A 5 basis-point increase in LIBOR will cause the CME Eurodollar futures value to ____ a) increase by $125 b) increase by $5 c) decrease

A 5 basis-point increase in LIBOR will cause the CME Eurodollar futures value to ____

a) increase by $125
b) increase by $5
c) decrease by $125
d) decrease by $5

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