Question
Eurodollar time deposit futures contract has a duration of 0.3 years and has a current market price of $981,000. Market interest rates are 4.15 percent
Eurodollar time deposit futures contract has a duration of 0.3 years and has a current market price of $981,000. Market interest rates are 4.15 percent and are expected to fall to 3.2 percent. What is the change in this futures contract's market price from this change in interest rates?
Answer: $__________ (two decimal points)
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
