Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a bank located outside the United States or in U.S. International Banking Facilities.? a. Certificate of Deposits b. Bankers acceptances c. Eurodollar CD
Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a bank located outside the United States or in U.S. International Banking Facilities.? a. Certificate of Deposits b. Bankers acceptances c. Eurodollar CD
Chapter3: International Financial Markets
Section: Chapter Questions
Problem 5QA
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Question
Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a bank located outside the United States or in U.S. International Banking Facilities.?
a.
Certificate of Deposits
b.
Bankers acceptances
c.
Eurodollar CD
d.
Repurchase agreement
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