Which One of the Following Statements Concerning a Global View

question 39

Multiple Choice

Which one of the following statements concerning a global view of the bond market is correct?

• A) The United States today accounts for about seventy-five percent of the available fixed- income securities worldwide.
• B) U.S. pay bonds distribute both interest and principal payments in euros.
• C) Foreign bonds, like junk bonds, have high default risk.
• D) Exchange rate fluctuations influence the returns earned on foreign-pay bond holdings.