You have quoted your customer the following eurodollar deposit rates: 1M 5.375-25% 2M 5.4375-3125% 3M 5.5-375% The customer says, "I give you USD 20 million in the two's". What have you done?
A) Borrowed USD 20million at 5.3125%
B) Lent USD 20 million at 5.4375%
C) Borrowed USD 20 million at 5.4375%
D) Lent USD 20 million at 5.3125%

Question

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The Answer of You have quoted your customer the following eurodollar deposit rates: 1M 5.375-25% 2M 5.4375-3125% 3M 5.5-375% The customer says, "I give you USD 20 million in the two's". What have you done?
A) Borrowed USD 20million at 5.3125%
B) Lent USD 20 million at 5.4375%
C) Borrowed USD 20 million at 5.4375%
D) Lent USD 20 million at 5.3125%

You Have Quoted Your Customer the Following Eurodollar Deposit Rates