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Use Figure 23.7 . Suppose the LIBOR rate when the first listed Eurodollar contract matures in March 2019 is 3.5%. What will be the profit
Use Figure 23.7 . Suppose the LIBOR rate when the first listed Eurodollar contract matures in March 2019 is 3.5%. What will be the profit or loss to each side of the Eurodollar contract?
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