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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 move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]

Answer

€1,000,000 x 0.0001 x 1/4 = €25

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 move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]

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 move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]

Answer

€1,000,000 x 0.0001 x 1/4 = €25

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#### Parent (intermediate) annotation

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n>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: <span>€1,000,000 x 0.0001 x 1/4 = €25<span><body><html>

#### Original toplevel document (pdf)

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

n>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: <span>€1,000,000 x 0.0001 x 1/4 = €25<span><body><html>

status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
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repetition number in this series | 0 | memorised on | scheduled repetition | ||||

scheduled repetition interval | last repetition or drill |

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