Id question An agent has to borrow $100000 in 6 month time for 3 month. In order to hedge against adverse evolution of interest rate this agent enters into 3 month June-Eurodollar tuture contract at 98. a) in which position the agent anters and in how many contract? b) At settlement date, the quoted spot 3 month Libor rate : 2.05%. Determine the amount exchanged and who pays whom? Id question An agent has to borrow $100000 in 6 month time for 3 month. In order to hedge against adverse evolution of interest rate this agent enters into 3 month June-Eurodollar tuture contract at 98. a) in which position the agent anters and in how many contract? b) At settlement date, the quoted spot 3 month Libor rate : 2.05%. Determine the amount exchanged and who pays whom