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Which of the following statements is true? a. The total initial value of 5 Eurodollar futures contracts given a current futures price of 95.61 is

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Which of the following statements is true? a. The total initial value of 5 Eurodollar futures contracts given a current futures price of 95.61 is USD4,945,125. b. Currency controls are the only factor that explain the difference in spreads between Eurocurrency markets and domestic money markets. C. A forward rate agreement is not a substitute for a forward forward contract. d. More than one of the statements in this question are correct. e. None of the statements in this question are correct

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