Which of the following is (are) example(s) of a Eurocurrency market transaction?
A bank in Sydney lends euros to a company in Paris.
A company in New York borrows euros from a bank in London.
A bank in Auckland lends US dollars to a bank in Tokyo, which then on lends the US dollars to another borrower in Jakarta.
Group of answer choices
a. I and II.
b. Only III.
c. II and III.
d. Only II.
e. Only I.