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A bank makes a one year fixed rate loan, and funds it with 90 day CD's. After 90 days, the bank will have to return

A bank makes a one year fixed rate loan, and funds it with 90 day CD's. After 90 days, the bank will have to return to the credit market to borrow for another 90 days. It fears interest rates will be higher at that date. To hedge this exposure the bank should buy Eurodollar futures contracts. True or False

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