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The TED spread is a popular investment strategy when the financial markets are in turmoil. Which of the following most accurately characterizes this trade? a)

  1. The TED spread is a popular investment strategy when the financial markets are in turmoil. Which of the following most accurately characterizes this trade?

a) long T-Bill futures; short Euro-dollar futures

b) short T-Bill futures; long Euro dollar futures

c) long T-Bill futures; long Euro dollar futures

d) short T-Bill futures; short Euro-dollar futures

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