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Question
A futures contract on a 30-day Eurodollar time deposit is currently selling at an IMM index of 95.75 percent. The IMM index on a 30-day Eurodollar time deposit for immediate delivery is 95.10 percent. What is the basis?
A. 65 basis points
B. -65 basis points
C. 650 basis points
D. 850 basis points
E. There is no basis risk on this contract
Answer
This answer is hidden. It contains 1 characters.
Related questions
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