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Which of the following are Eurodollar certificate of deposit denominations? Check all that apply. $ 2 0 0 , 0 0 0 $ 3 5

Which of the following are Eurodollar certificate of deposit denominations? Check all that apply.
$200,000
$350,000
$3,000,000
$7,000,000
Which of the following are characteristics of Eurodollar securities? Check all that apply.
A secondary market for Euro-commercial paper exists.
A secondary market for Eurodollar CDs does not exist.
Euronote maturities are normally 1 month, 3 months, or 6 months.
Eurodollar CD denominations are typicall less than $1 million.
Suppose Valerie (a U.S. investor) purchases a 25-day Euro-commercial paper with a par value of 1,000,000 Indian rupees for a price of 995,000
Indian rupees. If the rupee is worth $0.01, the spot rate is anticipated to be $0.010600 per rupee at the end of maturity, and Valerie holds the Euro-
commercial paper until then, assuming a 360 day year, the effective yield is:
12.44%
13.40%
13.67%
14.49%
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