Consider the position of a treasurer of a MNC, who has $20,000,000 that his firm will not need for the next 90 days.
A) He could borrow the $20,000,000 in the money market.
B) He could take a long position in the Eurodollar futures contract.
C) He could take a short position in the Eurodollar futures contract.
D) None of the above
Correct Answer:
Verified
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