A French investor has pure based bonds denominated in Swiss francs that have been issued by a

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A French investor has pure based bonds denominated in Swiss francs that have been issued by a Swiss corporation with a mediocre credit rating. Which of the following is a source of risk for this investment?
a. Interest rate risk on Swiss francs
b. Currency risk
c. Credit risk
d. a and b only
e. a, b, and c
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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