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  3. use figure 23.7. suppose the libor rate when the f

Use Figure 23.7. Suppose the LIBOR rate when the first listed Eurodollar contract matures in...

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Finance

Use Figure 23.7. Suppose the LIBOR rate when the first listed Eurodollar contract matures in December 2019 is 3.5%. What will be the profit or loss to each side of the Eurodollar contract? (Do not round intermediate calculations and round final answer to 2 decimal places. Enter the amount as positive value.)

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