Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
← 55 members online
 0 viewing
danish101
Group Title
The December Eurodollar futures contract is quoted as 97.75 and a company plans to borrow $10 million for three months starting in December at LIBOR3 plus ¾ %. Question: Show that the net cost of borrowing, including any profit or loss on the futures position, is equal to the lockedin rate 2.25%. Answer as a percent with two decimal place accuracy.
 one year ago
 one year ago
danish101 Group Title
The December Eurodollar futures contract is quoted as 97.75 and a company plans to borrow $10 million for three months starting in December at LIBOR3 plus ¾ %. Question: Show that the net cost of borrowing, including any profit or loss on the futures position, is equal to the lockedin rate 2.25%. Answer as a percent with two decimal place accuracy.
 one year ago
 one year ago

This Question is Closed
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.