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Which of the Following Is True

Question 26

Multiple Choice

Which of the following is true?


A) The 3-month Sterling (SHORT STERLING) futures contract has a basis point value of GBP 25.00 and a face value of GBP 1,000,000 .00
B) The EUROYEN TIBOR futures contract has a basis point value of JPY 25,000 and a face value of JPY 1,000,000,000
C) The CME EURODOLLAR futures contract has a minimum price interval of one-quarter basis point value (0.0025) for the nearest contract
D) The 3-month EURIBOR futures contract has a minimum price interval of half a basis point value (0.0050) for the nearest contract

Correct Answer:

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