determine the hibor , Financial Accounting

The following are the three-month HIBOR and three-year EFN futures prices for September 2010 contracts.

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a Determine the HIBOR in three-months for settling the futures contract using the quotation on August 16.

b Suppose an investor sold one contract of three-month HIBOR futures on August 16 and closed it out on August 20. Evaluate the profit or
loss of this investor.

c Suppose an investor bought one contract of three-year EFN futures on August 16 and closed it out on August 20. What would be the
profit or loss of this investor?

 

 

 

Posted Date: 3/12/2013 6:14:53 AM | Location : United States







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