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Consider a British pound-U.S. dollar dual currency bonds that pay 581.40 at maturity per $1,000 of par value. If at maturity, the exchange rate is

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Consider a British pound-U.S. dollar dual currency bonds that pay 581.40 at maturity per $1,000 of par value. If at maturity, the exchange rate is $1.80 = 1.00, Multiple Choice O O you should insist on getting paid in dollars. it is an advantageous situation for investors holding this bond. it is a disadvantageous situation for the issuer of the bond. investors holding this bond are better off for the exchange rate and the issuer of the bond is worse off for the exchange rate

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