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International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671International Economics 8th Edition by Dennis Appleyard, Alfred Field
Edition 8ISBN: 9780078021671 Exercise 4
What would you estimate the eurodollar deposit rate to be if the domestic U.S. dollar deposit rate is 6½ percent, the reserve requirement on time deposits is 2 percent, and the combined cost of taxes and deposit insurance amounts to 10 basis points ( 1 / 10 percent)?
Explanation
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International Economics 8th Edition by Dennis Appleyard, Alfred Field
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