Suppose you took a short position in a June Eurodollar futures at \(R_{D}=2.50 \%\).

Determine the futures settlement prices and your position's profits and losses given the following LIBOR at the June futures' expiration: \(2.00 \%,2.5 \%\), and \(3.00 \%\). Determine your profits and losses if you had taken a long position in the June contract at \(R_{D}=\) \(2.5 \%\).