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Indicat whether each of the following bonds is a Eurobond or Foreign Bond. Explanations are not required. (a) A U.S. dollar-denominated bond which is issued
Indicat whether each of the following bonds is a Eurobond or Foreign Bond. Explanations are not required. (a) A U.S. dollar-denominated bond which is issued by BMW (a German borrower and a multinational company producing luxury vehicles and motorcycles) is sold in the U.S. market. (4 marks) (b) A Euro-denominated bond which is issued by Gucci (an Italy borrower) in the British market. (4 marks)
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