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Eurodollar Interest Rate Futures Contracts Have All of the Following

Question 8

Multiple Choice

Eurodollar interest rate futures contracts have all of the following characteristics except:


A) the futures contract is written on a hypothetical $1,000,000 180-day deposit of Eurodollars.
B) no actual delivery of Eurodollars takes place.
C) the contracts are made out many years into the future.
D) the contracts are widely used.

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