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Suppose that you are working as a financial analyst in Bank of America Merrill Lynch. Your boss have just asked to analyze three different money
Suppose that you are working as a financial analyst in Bank of America Merrill Lynch. Your boss have just asked to analyze three different money market instrument yields and to suggest investment advice to its rich clients. Which of following instruments is the most desirable to invest in ? A six month T-bill rate of 1.9 % A six moth Eurodollar deposit of 1.9% A six month CD rate of 1.9 % T-bill certificate of deposit does not matter because all the rates are same eurodollar deposit
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