Question
The September eurodollar contract is trading at 95. You have a 90-day borrowing commencing in September for $500,000,000 that you wish to hedge using futures.
The September eurodollar contract is trading at 95. You have a 90-day borrowing commencing in September for $500,000,000 that you wish to hedge using futures. How many eurodollar futures contracts should you buy (rounded off to the nearest integer)?
| A. | 492 | |
| B. | 490 | |
| C. | 500 | |
| D. | 494 |
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Commercial Banks And Industrial Finance In England And Wales 1860-1913
Authors: Michael Collins, Mae Baker
1st Edition
0199249865, 9780199249862
