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elf_fu elf_fu
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7 years ago
Two months from today you plan to borrow $3 million for 6 months at LIBOR. You hedge your interest rate risk with a euro dollar futures contract priced at 93.6. If settled in arrears, what is your payment if the 6-month LIBOR is 2.5% in two months?
A) $8,500
B) $10,500
C) $13,500
D) $15,500
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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#1
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7 years ago
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elf_fu Author
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7 years ago
this is exactly what I needed
deathDoUsPart
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Yesterday
Thanks for your help!!
oscar520000
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2 hours ago
This helped my grade so much Perfect
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