You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at
0.40% and EUR 5,000,000.00 at 0.50%.
What is the average rate of your long position?
A. 0.525%
B. 0.45%
C. 0.75%
D. 0.375%
You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%.
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!