Calculate the initial value of a Eurodollar futures contract given a current futures price of 92.55.Question 4Answera.None of the options in this question are correct.b.USD1,000,000c.USD988,750d.USD23,887,500e.USD981,375

A French MNC wants to lock in the cost of borrowing on a 9-month USD 45 million loan to be taken out in 3 months’ time by using Eurodollar futures contracts. How many Eurodollar futures contracts in total will be sold by the French MNC in order to hedge its cost of borrowing?Question 10Answera.135b.1c.9d.145e.None of the options in this question are correct.

Three days ago, you entered into a futures contract to sell €62,500 at $1.50 per €. Over the past three days the contract has settled at $1.50, $1.52, and $1.54. How much have you made or lost?Group of answer choicesLost $0.04 per € or $2,500Lost $0.06 per € or $3,750Made $0.04 per € or $2,500none of the options

Which of the following contract sizes is usually used in currency futures?Group of answer choices100.100,000.10.1,000.

Calculate how much a trader, who enters into a 90-day bank bill futures contract on 20 June with a quoted price of $94.00, will need to pay on settlement date (30 June) if the face value of the underlying bill is $500 000. A. $497 289 B. $499 179 C. $492 711 D. $500 000

Yesterday, you entered into a futures contract to buy €62,500 at $1.50/€. Your initial margin was $3,750 (= 0.04 × €62,500 × $1.50/€ = 4 percent of the contract value in dollars). Your maintenance margin is $2,000 (meaning that your broker leaves you alone until your account balance falls to $2,000). At what settle price (use 4 decimal places) do you get a margin call?Group of answer choices$1.500/€none of the options$1.5280/€$1.4720/€