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You recently went short one Eurodollar futures contract at a price of 95.55. Not long after you've entered into a short position, the Federal Reserve

You recently went short one Eurodollar futures contract at a price of 95.55. Not long after you've entered into a short position, the Federal Reserve (USA) announced a decrease in the cash rate from 4.5% to 4.0% causing your Eurodollar futures contract price to rise to 95.98. 


If the value of a Eurodollar futures contract is $25 per basis point the gain (loss) on your contract is?

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