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please answer a and b with all steps shown DaimierChryaler Debt. Chrysler L.C, the now privately held company sold off by DaimlerChrysier, must pay floathg-rate

please answer a and b with all steps shown image text in transcribed
DaimierChryaler Debt. Chrysler L.C, the now privately held company sold off by DaimlerChrysier, must pay floathg-rate interest three months from now. if. earts be look in thete interest payments by selling an interest rate futures contract interest rate futures for three months from now sertied at 93.09 , for a yioid at 691 the per anrum a. I the foating interest rate three monthe from now is 5.97%, what did Chrysler gain or iose on the position? b. If the fosting interest rate three months from now is 8.03\%, what did Chrysler gain or lose on the position? a. It the foabng inierest rate three months from now is 5.97%, what did Chrysler gain or lose on the position? It the fouting interest rate three months from now is 5.97%, Chirysier will have a of on the posibion. (Select from the drop-down menu. Fiound to hrea desimal places and enter an negative number to indicate a loss.)

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