I would like to calculate the interest rate from a EuroDollar Future Contract(say the Sep-16 Futures Contract is trading at 99.2575). From the interest rate, I would like to calculate the zero coupon rate and discount factor.
The values of EuroDollar Futures Contract looks like this:
Price Zero Coupon Discount Factor Sep-16 99.2575 0.673049123 0.997116025 Dec-16 99.185 0.725403393 0.995093125 Mar-17 99.1475 0.757944554 0.993081443 Jun-17 99.1075 0.787513853 0.990695774
Not sure how to work out the interest rate, zero coupon and discount factor.
Need some guidance on doing this.