Vidyalelo
Management · Q470

International Finance and Treasury

Graduate and Post Graduate · Management · question 470

Q470

As compared to US certificate of deposit, interest rate paid on Eurodollar certificate of deposits is

A.
higher than other one
Answer
B.
lower than other one
C.
contraction than other one
D.
expansionary than other one

Answer: Option A

Solution

Answer: Option A
Solution:
As compared to US certificate of deposit, interest rate paid on Eurodollar certificate of deposits is higher than other one.