The contract price of a Eurodollar futures contract is determined using the formula: Contract Price = $10,000 × [100 - 0.25 × (100 - Q)] For a quoted price Q = 95.2: Price = $10,000 × [100 - 0.25 × (100 - 95.2)] Price = $10,000 × [100 - 0.25 × 4.8] Price = $10,000 × [100 - 1.2] = $10,000 × 98.80 = $988,000.