Which of the Following Is Not True of Global and International

question 85

Multiple Choice

Which of the following is not true of global and international bond funds?

• A) They may be subject to interest rate risk.
• B) They may be subject to exchange rate risk.
• C) Their expenses may be higher than those of domestic bond funds.
• D) They are especially attractive to investors in high tax bracket.

---

Definitions:

Correlation Coefficient

A numeral measure of the strength and direction of the linear relationship between two quantitative variables.

Grade Point Average

An average score that represents the cumulative academic performance, calculated by dividing the total amount of grade points earned by the total amount of credit hours attempted.

Entrance Exam

A test designed to evaluate a prospective student's academic ability or suitability for admission to a particular school or program.

Random Sample

A sample drawn in such a way that each member of the population has an equal chance of being selected.