Eurodollars are:
A) US dollar-denominated deposits held in Europe
B) US dollar-denominated bonds that are held outside the USA
C) US dollar-denominated time deposits that are held outside the United States in a foreign bank or a subsidiary of a US bank
D) Any time deposit denominated in a particular currency but held outside the country of the currency
E) None of these answers are correct.
Correct Answer:
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