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The initial futures price on the June 2019 maturity Eurodollar futures contract was 97.2800. Suppose the LIBOR rate when the Eurodollar contract matures in June

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The initial futures price on the June 2019 maturity Eurodollar futures contract was 97.2800. Suppose the LIBOR rate when the Eurodollar contract matures in June 2019 is 3.2% What will be the profit or loss to each side of the Eurodollar contract? (Do not round Intermediate calculations and round final answer to 2 decimal places. Enter the amount as positive value.)

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