Assume the bank enters a long position on 90-day Eurodollar futures contract on June 1, 2020 at a futures price of 99.50. Assume the futures price rises to 99.75 on the expiration date of the contract. The profit or loss made on this contract is closest to: $2,500 $2,250 $650 $625 $600 interest rates on the futures contract? corresponds to which of the following 0.80% 0.82% 1.80% 1.82% Assume the bank enters a long position on 90-day Eurodollar futures contract on Nov 1, 2020 at a futures price of 98.00. Assume the futures price rises to 99.00 on the expiration date of the contract. The profit or loss made on this contract is closest to: $2,500 $2,250 $650 $625