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Suppose interest rates increase over the course of the next year, so that one year from today the one-year rate on bank certificates of deposit

Suppose interest rates increase over the course of the next year, so that one year from today the one-year rate on bank certificates of deposit stands at 5.5 percent, the yield on FNMA securities is 8 percent, and the yield on one-year Treasury bills is 5.6 percent. Given this increase in interest rates, the prices of the financial futures contracts described in Table 1 are: Treasury bond futures contract 119-24 Treasury bill futures contract 94.63 Eurodollar futures contract 93.05 Given this interest rate scenario one year from today, what is BSB's net gain or loss on each of the three components of its minority leading program?

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