Identify the INCORRECT Statement Below Regarding Global Capital Markets

question 113

Multiple Choice

Identify the INCORRECT statement below regarding global capital markets.

• A)Eurobonds are denominated in a currency external to the country where they are issued and traded.
• B)USD financing dominates the eurocurrency markets.
• C)American depository receipts (ADRs)enable a non-US firm to be listed on a US stock exchange.
• D)The main reference rate in eurocurrency markets is the London inter-bank offer rate (LIBOR).
• E)Financing in eurocurrency markets is arranged by offshore banking units (OBUs).

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Definitions:

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Stress Management

Techniques and practices aimed at controlling a person's levels of stress, especially chronic stress, for the purpose of improving everyday functioning.

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