Question: Suppose we wish to borrow $ 8 , 0 0 0 , 0 0 0 for 9 1 days at SOFR ( the successor to
Suppose we wish to borrow $ for days at SOFR the successor to LIBOR beginning next December. In this case, we might want to hedge against a potential in interest rates between now and December by taking a position in Eurodollar futures.
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