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Tutorial 17645

Which of the following statements is NOT CORRECT? A) Foreign bonds and Eurobonds are two important types of international bonds. B) The term Eurobond...

Question:

Which of the following statements is NOT CORRECT?

A) Foreign bonds and Eurobonds are two important types of international bonds. B) The term Eurobond applies only to foreign bonds denominated in U.S. currency. C) A Eurodollar is a U.S. dollar deposited in a bank outside the U.S. D) Any bond sold outside the country of the borrower is called an international bond. E) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.

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