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You bought a February Eurodollar futures at 98.30. A month later, you closed out the contract by selling the futures are 98.10. What is your

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You bought a February Eurodollar futures at 98.30. A month later, you closed out the contract by selling the futures are 98.10. What is your profit/loss? [notional principal = $1,000,000 / contract maturity = 3 months] 1.90% +500 -$500 1.70%

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