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A trader buys a 90-day Eurodollar futures contract at 95.25.The next day, interest rates rise 5.25%.Which of the following is true? Assume that the initial and maintenance margins are $5,000.
Demanded
Describes the quantity of a good or service that consumers are willing and able to purchase at a given price at a specific time.
U.S. Tariff
Taxes imposed by the United States on imported goods to protect domestic industries and generate revenue.
Steel
A hard, strong alloy made primarily of iron and carbon, used extensively in construction and manufacturing.
Imports
Goods and services that are brought into a country from abroad for sale.
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