Which of the Following Statements Is NOT CORRECT

question 68

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) Any bond sold outside the country of the borrower is called an international bond.
• B) Foreign 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.