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Which of the following statements is NOT CORRECT? Select one: a. A foreign bond might pay a higher nominal interest rate than a U.S. bond.
Which of the following statements is NOT CORRECT? Select one: a. A foreign bond might pay a higher nominal interest rate than a U.S. bond. b. Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold. c. Any bond sold outside the country of the borrower is called an international bond. d. Foreign bonds and Eurobonds are two important types of international bonds. e. The term Eurobond applies only to foreign bonds denominated in U.S. currency.
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