Which of the following statements is NOT CORRECT?

Group of answer choices

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

A eurocredit is one type of international credit whose rate of interest is linked with LIBOR.

From a U.S. perspective, the exchange rate of $1.08 US per one Swiss franc is a quotation expressed in European terms.

American Depository Receipts provide U.S. investors another way to invest in foreign corporations.