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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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