On january 29 2016 your group sells ten june 2016, Financial Management

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On january 29 2016 your group sells ten june 2016

On January 29, 2016 your group sells ten June 2016 Eurodollar futures contract traded on GLOBEX. If you plan to close out the position in March, what would the futures price (i.e the quote) of the June 2016 Eurodollar futures contract have to be in March for you to make a profit of 5,000 on this transaction?

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Financial Management: On january 29 2016 your group sells ten june 2016

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