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Eurodollar CDs Allow Which of the Following for Large Financial

Question 21

Multiple Choice

Eurodollar CDs allow which of the following for large financial institutions?


A) Obtain funds by creating dollar-denominated securities abroad
B) Obtain funds by creating deposits in the U.S. denominated in a foreign currency
C) Earn interest on forward contracts for exchanging a foreign currency
Into U.S. dollars
D) None of the above.

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