Question: PART 7 / Classify the following as Foreign Bond, Euro Bond and Domestic Bond. 1. The automotive company Porsche sells bonds in the United States
PART 7 /
Classify the following as "Foreign Bond", "Euro Bond" and "Domestic Bond". 1. The automotive company Porsche sells bonds in the United States denominated in dollars. 2. General Electric issues dollar-denominated bonds to be sold in the London market. 3. General Motor issues dollar-denominated bonds to be sold in the United States. 4. A U.S. corporation plans to expand to Japan and issues dollar-denominated bonds to be sold in Tokyo. 5. The United States Government issues dollar bonds to be sold in the US markets to finance the budget deficit.
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