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#finance #steiner-mastering-financial-calculations-3ed
Question
the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a movement of only one basis point in interest rates (which is equivalent to a [...] change in the futures price) would be: €1,000,000 x 0.0001 x 1/4 = €25
Answer
0.01

Tags
#finance #steiner-mastering-financial-calculations-3ed
Question
the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a movement of only one basis point in interest rates (which is equivalent to a [...] change in the futures price) would be: €1,000,000 x 0.0001 x 1/4 = €25
Answer
?

Tags
#finance #steiner-mastering-financial-calculations-3ed
Question
the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a movement of only one basis point in interest rates (which is equivalent to a [...] change in the futures price) would be: €1,000,000 x 0.0001 x 1/4 = €25
Answer
0.01
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the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: €1,000,000 x 0.0001 x 1/4 = €25

Original toplevel document (pdf)

owner: piotr.wasik - (no access) - Mastering Financial Calculations 3ed (Steiner), p105

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