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Of the following, which was NOT cited by the authors as a valuable function provided by the Eurocurr

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7 years ago

Of the following, which was NOT cited by the authors as a valuable function provided by the Eurocurr

Of the following, which was NOT cited by the authors as a valuable function provided by the Eurocurrency market?
A) Eurocurrency deposits are a tool used by the Federal Reserve to regulate the money supply of countries that peg their currency against the U.S. dollar.
B) The Eurocurrency market is a major source of short-term bank loans to finance corporate working capital needs.
C) Eurocurrency deposits are an efficient and convenient money market device for holding excess corporate liquidity.
D) All of the above were cited by the authors.

Textbook

Fundamentals of Multinational Finance

Edition: 5^th

Authors: Moffet, Stonehill, Eiteman

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boland Author

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7 years ago

Woah how do you have the time to do all this?!

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noxx53

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7 years ago

We should all be helping each other on here, so I'm happy to have helped

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