Which of the Following Statements Is NOT CORRECT

question 17

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) Foreign bonds and Eurobonds are two important types of international bonds.
• B) Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
• C) The term Eurobond applies only to foreign bonds denominated in U.S.currency.
• D) A foreign bond might pay a higher nominal interest rate than a U.S.bond.
• E) Any bond sold outside the country of the borrower is called an international bond.

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