Question 28 of 30 1 0 Points The Ontario Teachers Pension Fund uses Eurodollar futures contracts to hedge interest rate risk Say $20,000,000 bond redemption proceeds are to be received in December 201x priced at 95 25 Let's say that the manager hedges interest rate risk with December 201x Eurodollar futures contracts NOTE each contract is for $1,000,000 What gains (or losses) on the December 201x Eurodollar futures contracts result if, the December 90 day LIBOR turns out to be 4 5 percent O A 900,000 B 237,500 O C 225,000 O D 12,500 Reset Selection

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Question 28 of 30 1 0 Points The Ontario Teachers Pension Fund uses Eurodollar futures contracts to hedge interest rate risk  Say $20,000,000 bond redemption proceeds are to be received in December 201x priced at 95 25 Let's say that the manager hedges interest rate risk with December 201x Eurodollar futures contracts  NOTE  each contract is for $1,000,000  What gains (or losses) on the December 201x Eurodollar futures contracts result if, the December    90 day LIBOR turns out to be 4 5 percent  O A  900,000 B  237,500 O C  225,000 O D  12,500 Reset Selection

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Question 28 of 30 1.0 Points The Ontario Teachers Pension Fund uses Eurodollar futures contracts to hedge

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Question 28 of 30 1.0 Points The Ontario Teachers Pension Fund uses Eurodollar futures contracts to hedge

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