Six months from today you plan to borrow $433 million for 6 months at LIBOR. You hedge 100% of your interest rate risk with a euro dollar futures contract priced at 99.4. If settled in arrears, what is your payment if the 6-month LIBOR is 2.5625% in six months

Answer rating: 100% (QA)

By Taking Euro Dollar Future at price of 994 we are expectining interest rate yield ... View the full answer