Suppose that Sharon forecasts that interest rates will decrease over the next month, so she calls…

Suppose that Sharon forecasts that interest rates will decrease over the next month, so she calls a broker and purchases 50 futures contracts on eurodollar CDs that have settlement dates for three months from now. If the futures contracts on eurodollar CDs represent $100,000 of par value, and the market value of the contract is 91-00, then Sharon will have invested S in the futures contracts Suppose the market value of the contracts after one month is 92-00, and Sharon decides she wants to offset her current position. If she wants to offset her position, Sharon would futures contracts, resulting in a total of (Hint: Assume that there were no transaction costs and that the values you enter are all positive numbers.)