Eurodollar CD's
A) are issued by banks within the U.S.
B) are denominated in dollars.
C) do not have a secondary market.
D) pay rates much higher than domestic alternatives.

Question

Quizplus · Accepted Answer

Eurodollar CDs are denominated in U.S. dollars but are issued by banks outside the United States, not within. They do have a secondary market, and while they may offer competitive rates, they do not necessarily pay rates "much higher" than domestic alternatives.