You are long 5 eurodollar futures contracts. If the Libor rate underlying the contract increases by 5 basis points, your position gains the following value:
A) (?$25)
B) (+$25)
C) (?$125)
D) (+$125)

Question

Quizplus · Accepted Answer

The Answer of You are long 5 eurodollar futures contracts. If the Libor rate underlying the contract increases by 5 basis points, your position gains the following value:
A) (?$25)
B) (+$25)
C) (?$125)
D) (+$125)

You Are Long 5 Eurodollar Futures Contracts