Which of the following statements are false?

a$.$

The total initial value of $4$ Eurodollar futures contracts given a current futures price of $93\mathrm{.}24$ is USD$3,675,932.$

b$.$

Currency controls are not the only factor that explain the difference in spreads between Eurocurrency markets and domestic money markets.

c$.$

A forward forward contract can be a substitute for a forward rate agreement.

d$.$

EuroEuro deposit rates are usually higher than domestic Euro deposit rates.

e$.$

Eurodollar futures contracts can be used to hedge periods of borrowing greater than $3$ months.