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Eurodollar price rises 95.50 to 95.60. Long gain per contract (tick 0.005, $12.50)?

A$125
B$1,250
C$500
D$250
Answer & Solution
Correct answer: D. $250
A 0.10 move is 20 ticks of 0.005, and 20 x 12.50 = 250 dollars.
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