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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Definitions:

Asymetrical

Having parts that fail to correspond to one another in shape, size, or arrangement; lacking symmetry.

Anesthetize

The process of using drugs to induce a temporary state of insensitivity or unconsciousness for medical procedures.

Arousal

A state of physiological and psychological readiness or excitement, often sexual in nature but can also refer to general alertness or wakefulness.

Abrasion

A wound caused by superficial damage to the skin, typically not deeper than the epidermis.