27. in relation to long-term euromarket securities:

Select one:

a. The majority of eurobonds are amortised bonds

b. A euro floating-rate note may have a call option attached, giving the issuer the right to recall the note.

c. Euro medium term notes are secured debt obligations that pay semi-annual coupons

d. The coupon rates on floating rate euro notes are usually reset every five years.

e. The predominant currency used for eurobonds is the euro, followed by the USD