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Which of the Following Statements Is FALSE

Question 9

Multiple Choice

Which of the following statements is FALSE?


A) Global bonds combine the features of domestic,foreign,and Eurobonds,and are offered for sale in several different markets simultaneously.
B) In a leveraged buyout (LBO) ,a group of private investors purchases all the equity of a public corporation.
C) A term loan is a bank loan that lasts for a specific term.
D) Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.

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