You lend EUR 10 million for 3 months at 4.28%, you lend EUR 3 million for 3

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You lend EUR 10 million for 3 months at 4.28%, you lend EUR 3 million for 3 months at 4.23% and you borrow EUR 9 million for 3 months at 4.25%.

What is your net position and your average rate?

Related Book For answer-question

Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Posted Date: Apr 15, 2023 03:00 AM

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You lend EUR 10 million for 3 months at 4.28%, you lend EUR 3 million for 3

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To calculate your net position we need to subtract the amount you borrow ... View the full answer

Financial Markets and Institutions

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