The Rate Most International Banks Charge One Another for Overnight

question 43

Multiple Choice

The rate most international banks charge one another for overnight Eurodollar loans is called the:

• A)Eurodollar yield to maturity.
• B)London Interbank Offer Rate.
• C)Paris Opening Interest Rate.
• D)United States Treasury bill rate.
• E)international prime rate.

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Definitions:

Linear Effects

The impact on a dependent variable that is directly proportional to the change in an independent variable.

Coefficient

A constant or numerical value that precedes and multiplies the variable within an algebraic expression.

Neck

The narrow part connecting two larger parts or structures, such as the part of a bottle connecting its body to its opening or the part of the body that connects the head to the torso.

Measurement Unit

A standardized quantity used to express the size, amount, or degree of a physical quantity.