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A firm is long 5 eurodollar futures contracts. If the Libor rate underlying the contract increases by 5 basis points, the position gains the following
A firm is long 5 eurodollar futures contracts. If the Libor rate underlying the contract increases by 5 basis points, the position gains the following value:
a) $25
b) +$25
c) $125
d) $+125
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