Which of the following countries would use 360 days (not 365) in interest rate calculations?
A) Britain.
B) Australia.
C) New Zealand.
D) France.

Name: Which of the following countries would use 360 days (not 365) in interest rate calculations? A) Britain. B) Australia. C) New Zealand. D) France.
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Question

Quizplus · Accepted Answer

France, along with some other European countries, often uses the 360-day convention for interest rate calculations, known as the "French method" or "Eurobond basis".

Which of the Following Countries Would Use 360 Days (Not