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Discuss at least two reasons for the popularity of international money markets A US company issues 180 Euro-commercial paper with a face value of $1000,000,

Discuss at least two reasons for the popularity of international money markets


A US company issues 180 Euro-commercial paper with a face value of $1000,000, yielding at 5.75%P.a. Calculate the price of this security.


Describe and list at least 2 reasons why investors and borrowers often preferred off-shore currencies markets?

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