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How can a SOFR, Federal Funds, or Eurodollar futures contract be used to imply the SOF rate, the Fed Funds rate, or the Eurodollar rate?

  • How can a SOFR, Federal Funds, or Eurodollar futures contract be used to imply the SOF rate, the Fed Funds rate, or the Eurodollar rate? Describe the underlying vs. the actual futures contract in both of these cases.

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