The price of a bond issued in the United States by a British company and denominated in
Question:
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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A is correct The currency denomination of a bon...View the full answer
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