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Which of the following statements is/are true? i.For every basis point decrease in the quote of a Eurodollar futures contract, a hedger with a short
- Which of the following statements is/are true?
i.For every basis pointdecreasein the quote of a Eurodollar futures contract, a hedger with ashortpositionloses$25.
ii.The value of the 3-month deposit underlying a Eurodollar futures contract is $1 million.
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