Question
A bank wants to lock in the 3-month interest rate starting between 6/20/2017 and 9/20/2017. Currently, 6/2017 Eurodollar futures price is 98.36 and 9/2017 Eurodollar
A bank wants to lock in the 3-month interest rate starting between 6/20/2017 and 9/20/2017. Currently, 6/2017 Eurodollar futures price is 98.36 and 9/2017 Eurodollar futures price is 97.55. What is the lock in 3-month interest rate between 6/2017 and 9/2017?
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
