Which of the following statements is NOT CORRECT?
a. Any bond sold outside the country of the borrower is called an international bond.
b. For46eign bonds and Eurobonds are two important types of international bonds.
c. Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
d. The term Eurobond applies only to foreign bonds denominated in U.S. currency.
e. A Eurodollar is a U.S. dollar deposited in a bank outside the U.S.

Answer rating: 100% (QA)

Answer The wrong statement is ascertainable if you consider the important points of the basic concept of Foreign bond and Euro bonds They are explaine... View the full answer