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Suppose we wish to lend $70,000,000 for 91 days at LIBOR beginning next September , and that the quoted Eurodollar futures price (based on a
Suppose we wish to lend $70,000,000 for 91 days at LIBOR beginning next September , and that the quoted Eurodollar futures price (based on a 360-day year)is 91.46. How much will we have after invested for 91 days?
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