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tikfed

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tT
发表于 2013-4-2 11:34 | 只看该作者

Text Vol 5 P.299. Problem # 8 (Reading 41)

provided, problem, advise
Dear all,
In problem #8, 6.00% (for US) and 0.80% (for Japan) of one-year Eurocurrency rates are provided.
What is the “Eurocurrency rates” here ? Why it is not that interset rate in US and interset rate in Japan are provided ? Please kindly advise ! TKVM in advance !
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Chuckrox

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发表于 2013-4-2 11:35 | 只看该作者
i guess they call every thing outside USD quoted in terms of USD as eurodollar or eurocurrency hence japan rate for purpose of comaprion here is called euro currency… i dont whether i am 100% right

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DoubleDip

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发表于 2013-4-2 11:35 | 只看该作者
I have looked at the problem and I have no idea what they mean by eurocurrency.

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DoubleDip

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发表于 2013-4-2 11:35 | 只看该作者
For 2011, it’s Vol 5 P-325, Problem # 8 (Reading 40)

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