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Compared with a Short-Term Advance in the Domestic Markets,a Eurocurrency

Question 17

Multiple Choice

Compared with a short-term advance in the domestic markets,a eurocurrency short-term advance:


A) may involve a revolving credit arrangement.
B) is generally denominated in US dollars.
C) has a rate of interest determined by the borrower's credit risk.
D) is all of the given answers.

Correct Answer:

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