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Suppose we wish to borrow $5,000,000 for 91 days at LIBOR beginning next March, and that the quoted Eurodollar futures price (based on a 360-day

Suppose we wish to borrow $5,000,000 for 91 days at LIBOR beginning next March, and that the quoted Eurodollar futures price (based on a 360-day year) is 91.03. How much will be needed to repay the loan?

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