A DECREASE in the Implied Three-Month LIBOR Yield Causes Eurodollar

question 29

Multiple Choice

A DECREASE in the implied three-month LIBOR yield causes Eurodollar futures price

• A)to increase.
• B)to decrease.
• C)there is no direct or indirect relationship.
• D)none of the above

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Definitions:

Devise

In a will, a gift of real property.

Real Property

Property that includes the soil and any permanently bound fixtures to it, like constructions and arboreal elements.

Bequest

A gift left to someone in a will.

Personal Property

Moveable property that is not fixed permanently to one location, such as furniture, vehicles, and electronics, as opposed to real estate.