Which of the following statements is true of the eurodollar market? Group of answer choices...
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Accounting
Which of the following statements is true of the eurodollar market?
Group of answer choices
It is used to trade the euro in the U.S. markets.
It offers risk-free investments as they are backed by the U.S. government.
It was originally developed by American banks.
It refers to any dollar-denominated deposit in a U.S. bank.
It is used by companies to invest idle cash in international markets.
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