(3 points) (a) (1 point) Describe what is a Eurodollar. What's the difference between a Eurodollar and a Euro? (b) (1 po
Posted: Thu May 19, 2022 6:32 am
(3 points) (a) (1 point) Describe what is a Eurodollar. What's the difference between a Eurodollar and a Euro? (b) (1 point) Explain how three-month Eurodollar futures contracts work. Answer: (©) (1 point) If interest rate increases by 1%, how many dollars will the long party gain or lose?