The price of a bond issued in the United States by a British company and denominated in

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The price of a bond issued in the United States by a British company and denominated in US dollars is most likely to:

A. Change as US interest rates change.

B. Change as British interest rates change.

C. Be unaffected by changes in US and British interest rates.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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