When a U.S. bank in Chicago gives a quote of 0.5089/$, it is a direct quote.

Question 12 options:

True

False

To convert a project's future cash flows into another currency, we need to use today's spot exchange rates.

Question 9 options:

True

False

Eurodollar and other Eurocurrency bonds have all characteristics identical to similar U.S corporate bonds.

Question 1 options:

	True
	False