Multiple Choice
Eurodollar deposits follow the money-market day-count convention. Suppose a deposit is made for 92 days at a Libor rate of 4% on a notional amount of $100. The interest amount is
A) 1.0082
B) 1.0099
C) 1.0101
D) 1.0222
Correct Answer:
Verified
Correct Answer:
Verified
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