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5. Which of the following statements is NOT CORRECT? a. Any bond sold outside the country of the borrower is called an international bond. b.

5. Which of the following statements is NOT CORRECT?

a. Any bond sold outside the country of the borrower is called an international bond.

b. Foreign bonds and Eurobonds are two important types of international bonds.

c. Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.

d. The term Eurobond specifically applies to any foreign bonds denominated in U.S. currency

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