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Suppose we wish to lend $1,000,000 for 91 days at SOFR (the successor to LIBOR) beginning next June. In this case, we might want

Suppose we wish to lend $1,000,000 for 91 days at SOFR (the successor to LIBOR) beginning next June. In this case, we might want to hedge against a potential interest rates between now and June by taking a position in Eurodollar futures. in increase... long Odecrease... short Answer decrease... long swered increase... short

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