A Long-Term Debt Issue Sold Simultaneously in Several Different National

question 5

Multiple Choice

A long-term debt issue sold simultaneously in several different national capital markets,but denominated in a currency different than the nation of that issue is called a(an) :

• A) world bond.
• B) international capital bond.
• C) floating bond.
• D) eurobond.

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Definitions:

Applause

The act of clapping hands together to show approval, appreciation, or enjoyment.

Termination

The process of ending or conclusion, commonly referred to in a variety of contexts such as employment, therapy, or contracts.

Negative Reinforcer

An unfavorable event or outcome that, when removed after a behavior, increases the frequency of that behavior in the future.

Stockbroker

A professional who executes buy and sell orders for stocks and other securities on behalf of clients in exchange for a fee or commission.