Question 172.1. The current quoted price (Q) of a September 2016 Eurodollar futures contract is 95.940. What is the associated contract price? | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Get started today
Ultimate access to all questions.
Explanation:
A Eurodollar futures quote of 95.940 implies a contract value of:
\`$1`{,}000{,}000 \times 0.95940 = \`$959`{,}400
So the associated contract price is $959,400.
Comments (0)
No comments yet.
Question 172.1. The current quoted price (Q) of a September 2016 Eurodollar futures contract is 95.940. What is the associated contract price?
