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%.

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answerhappygod
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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%.

Post by answerhappygod »

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%
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