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Problem 3 The quoted Eurodollar futures price for Dec 2020 is at: 98.10.If you short 37 contracts and suppose the actual Libor rate at expiry

Problem 3

The quoted Eurodollar futures price for Dec 2020 is at: 98.10.If you short 37 contracts and suppose the

actual Libor rate at expiry in Dec 2020 was 1.750%...

a)How much money could you win or lose?

b)Was this strategy bullish or bearish? Was your view on interest rate?

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