Which of the Following Is Usually a Form of Public

question 40

Multiple Choice

Which of the following is usually a form of public debt?

• A)a private placement
• B)a bank loan
• C)a bond issue
• D)a revolving line of credit
• E)an asset-backed line of credit

---

Definitions:

Currency-Translated Options

Options that involve the right to buy or sell a specified amount of one currency for another at a predetermined exchange rate during a specified period.

Foreign Currency

The money or currency used in a country different from one's own, involved in international trading and investment.

Barrier Options

A type of option whose existence and payoff depend on whether the underlying asset's price reaches a predetermined barrier level.

Payoffs

The amount received from an investment or financial transaction.