In general, which of the following statements is (are)true?
I.Bonds issued in the United States are registered.
II.Bonds issued in the United States are bearer bonds.
III.Eurobonds are normally issued in a major currency, e.g., $US, euro, or yen.
IV.Eurobonds are normally issued in the local currency.
A)I and III only
B)II only
C)III only
D)II and IV only

Question

Quizplus · Accepted Answer

Statement I is true as bonds issued in the US are always registered. Statement II is false as bearer bonds are not commonly issued in the US anymore. Statement III is true, as eurobonds are typically issued in major currencies such as USD, EUR, or JPY. Statement IV is false, as eurobonds are not usually issued in the local currency.

In General, Which of the Following Statements Is (Are)true