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ONLY NEED B AND C... PLEASE EXPLAIN THE ANSWERS AS WELL. I BELIEVE THE ANSWER FOR B IS -101 BASIS POINTS BUT I NEED ALL WORK TO BE SHOWN. SAME SITUATION FOR C, THE ANSWER IS 130 BASIS POINTS, I THINK, BUT I NEED WORK TO BE SHOWN. THANK YOU

Assume that you observe the following prices in the T-Bill and Eurodollar futures markets T-Bill 95.24 Eurodollar 94.6 Septembe:r a. If you expected the TED spread to narrow over the next month then an appropriate strategy would be to do what long or short and why? b. Assume that a month later the price of the September T-Bill future is 96.25 and the price of the Eurodollar future is 95.9. Calculate the profit on the T-Bill futures position. c. Assume that a month later the price of the September T-Bill future is 96.25 and the price of the Eurodollar future is 95.9. Calculate the profit on the Eurodollar futures position. Assume that you observe the following prices in the T-Bill and Eurodollar futures markets T-Bill 95.24 Eurodollar 94.6 Septembe:r a. If you expected the TED spread to narrow over the next month then an appropriate strategy would be to do what long or short and why? b. Assume that a month later the price of the September T-Bill future is 96.25 and the price of the Eurodollar future is 95.9. Calculate the profit on the T-Bill futures position. c. Assume that a month later the price of the September T-Bill future is 96.25 and the price of the Eurodollar future is 95.9. Calculate the profit on the Eurodollar futures position

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