(A) John Jones wants to hedge a floating rate interest payment on a $2 million loan.. The next quarterly interest payment is determined according to a 3-month LIBOR on December 1, 2022. How could he use Eurodollar futures to do it?

(B) If he entered into a futures position at Monday close of 94.915, what would be his cash flow due to marking to market on Tuesday and on Wednesday?

(C) What is the value of his futures position on Monday?

(D) If on December 1, 2022 the 3-month LIBOR tums out to be 5.5% p.a., Eurodollar futures price 94.745 what would be the total cost to John Jones taking into account gains/losses on his hedge, plus the interest payment (disregard time value of money)?

You are given the following quote for Eurodollar futures prices on Wednesday, 10/26/22