Whats the difference between dollar-denominated and non-dollar-denominated (for-eign-pay) bonds? Briefly describe the 2 major types of U.S.-pay

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What’s the difference between dollar-denominated and non-dollar-denominated (for-eign-pay) bonds? Briefly describe the 2 major types of U.S.-pay bonds. Can currency exchange rates affect the total return of U.S.-pay bonds? Of foreign-pay bonds? Explain.
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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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