Question
Suppose you go long 10 Eurodollar futures contracts at a price of 97. When the futures contracts settle at expiration, 3-month LIBOR is 1%. Ignoring
Suppose you go long 10 Eurodollar futures contracts at a price of 97. When the futures contracts settle at expiration, 3-month LIBOR is 1%. Ignoring commissions and margin interest, what is the gain or loss of your position?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
