The December Eurodollar futures contract is quoted as 98.10 and a company plans to BORROW $5 million for three months starting in December at LIBOR plus 0.5%. (a) What rate can the company lock in by using the Eurodollar futures contract? Enter your answer as a % to 2 decimal places. Do not include the % sign. (b) What position should the company take in the contracts? i.e. short/long and number of contracts Enter Long or Short --> Enter Number of contracts to Long or Short as a whole number -->