Question
Your agent bank accepts your back-valuation request for 1 day on an amount of EUR 50,000,000.00, EONIA is 0,375% and the ECB marginal lending facility
Your agent bank accepts your back-valuation request for 1 day on an amount of EUR
50,000,000.00, EONIA is 0,375% and the ECB marginal lending facility rate is 1.50%.
Applying conventional administration fees, how much will this be charged?
- A.EUR 620.83
- B.EUR 868.06
- C.EUR 968.06
- D.EUR 2,183.33
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
17th edition
978-0273778172, 027377817X, 978-1292080505
