Question
What is the difference between a foreign bond and a Eurobond? (Select all of the choices that apply.) A. Foreign bonds, on the other hand,
What is the difference between a foreign bond and a Eurobond? (Select all of the choices that apply.)
A. Foreign bonds, on the other hand, are bonds denominated in a different currency than that of the country in which they are issued. There is no connection between the physical location of the market on which they trade and the location of the issuing entity.
B. A foreign bond is a bond issued by a foreign company in a local market and is intended for local investors.
C. A Eurobond is a bond issued by a foreign company in a local market and is intended for local investors.
D. Eurobonds, on the other hand, are bonds denominated in a different currency than that of the country in which they are issued. There is no connection between the physical location of the market on which they trade and the location of the issuing entity.
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