Question: Please solve. Please show your work. Please explain your reasoning. An investor has agreed to LEND $10 million for 3-months in the future at a
An investor has agreed to LEND $10 million for 3-months in the future at a rate of (SOFR + 1%). What position should the investor take in the SOFR Futures contract to hedge against interest- rate changes? Answer in terms of LONG or SHORT position in the response box below
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