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    Exam 6: Interest Rate Futures
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    A Trader Uses 3-Month Eurodollar Futures to Lock in a Rate
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A Trader Uses 3-Month Eurodollar Futures to Lock in a Rate

Question 18

Question 18

Multiple Choice

A trader uses 3-month Eurodollar futures to lock in a rate on $5 million for six months.How many contracts are required?


A) 5
B) 10
C) 15
D) 20

Correct Answer:

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