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Use Figure 23.7. Suppose the LIBOR rate when the first-listed Eurodollar contract matures in October is 1.4%. What will be the profit or loss to

Use Figure 23.7. Suppose the LIBOR rate when the first-listed Eurodollar contract matures in October is 1.4%. What will be the profit or loss to each side of the Eurodollar contract?

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