Which of the following statements regarding bonds is most accurate?
A) Foreign bonds are bonds issued by a local entity and traded in a local market,but purchased by foreigners.
B) Domestic bonds are bonds issued by a foreign company in a local market and are intended for local investors.
C) Debentures are a type of secured corporate debt in which specific assets are pledged as collateral.
D) Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.
E) Global bonds combine the features of domestic,foreign,and Eurobonds,and are offered for sale in several different markets simultaneously.
Correct Answer:
Verified
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