all three:

1) "Negotiable certificates traded on a US exchange, issued by a US bank to represent the underlying shares of a foreign stock (which are held in trust at a custodian bank in a foreign country) are called:

• A) Special Drawing Rights
• B) Foreign Derivative Notes
• C) American Depositary Receipt
• D) IOUs

2) A large Japanese multinational corporation wants to raise US dollars. The company also wants to avoid many of the regulatory constraints, disclosure requirements, and possible delays associated with an issue of debt in the US markets. The firm should issue a:

A) Yankee bond

B) Domestic bond

C) Eurobond

D) Samurai bond

3) A _____ is a bond that is under written by an international syndicate of banks, and sold exclusively in countries other than the one in his currency it is denominated.

A) Foreign Bond

B) Eurobond

C) Domestic Bond

D) None of the above