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Which one of the following is the best definition of Eurocurrency? A ) Any paper money used by a country that has adopted the euro
Which one of the following is the best definition of Eurocurrency?
A Any paper money used by a country that has adopted the euro as its common currency
B Money deposited in a financial institution outside the country whose currency is involved
C Both paper and coins officially adopted under the euro system of coinage
D US dollars owned by any country that has adopted the euro as its currency
E Any exchange of funds between two countries that have adopted the euro as their official currency
Which one of the following terms is used to describe international bonds issued in a single country and generally denominated in that country's currency?
A Eurobonds
B American Depositary Receipts
C Foreign bonds
D Swaps
E Gilts
Prior to which one of the following was the rate that most international banks charged when they loaned Eurodollars to other banks?
Version
FIN Final Take Home Exam
A ADR
B LIBOR
C Crossrate
D Gilt rate
E Swap rate
Which of these is defined as an agreement to exchange two securities or two currencies?
A Hedge
B Swap
C SWIFT
D Gilt
E Arbitrage
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