QUESTION 2 (1 point each section, a total of 3 points): On January, you buy one March futures contract on 3-month, $1 million Eurodollar deposits at a price of 99.26. a) What is the futures interest rate implied in the price above? b) Assume that the futures interest rate rose by 7 basis points (= 0.0007). How much money did you gain or lose on your futures position? c) Assume that the futures interest rate fell by 11 basis points (= 0.0011). How much money did you gain or lose on your futures position? QUESTION 2 (1 point each section, a total of 3 points): On January, you buy one March futures contract on 3-month, $1 million Eurodollar deposits at a price of 99.26. a) What is the futures interest rate implied in the price above? b) Assume that the futures interest rate rose by 7 basis points (= 0.0007). How much money did you gain or lose on your futures position? c) Assume that the futures interest rate fell by 11 basis points (= 0.0011). How much money did you gain or lose on your futures position