Multiple Choice
Eurodollar interest rate futures contracts have all of the following characteristics except:
A) the futures contract is written on a hypothetical $1,000,000 180-day deposit of Eurodollars.
B) no actual delivery of Eurodollars takes place.
C) the contracts are made out many years into the future.
D) the contracts are widely used.
Correct Answer:

Verified
Correct Answer:
Verified
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