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    Exam 9: Interest-Rate Forecasting and Hedging: Swaps, Financial Futures, and Options
  5. Question
    The Principal Amount or Unit for the Federal Funds Futures
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The Principal Amount or Unit for the Federal Funds Futures

Question 20

Question 20

Multiple Choice

The principal amount or unit for the Federal funds futures contract traded on the Chicago Board of Trade is:


A) $5 million
B) $1 million
C) $100,000
D) $10 million
E) None of the above

Correct Answer:

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