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Eurobonds Are Defined As

Question 23

Multiple Choice

Eurobonds are defined as:


A) long-term debt securities sold outside the borrower's country to raise long-term capital in a currency other than the currency of the nation where the securities are sold.
B) bank deposits denominated in a currency other than that of the nation in which the deposit is held.
C) commercial bank deposits in one nation denominated in the currency of another nation.
D) Bonds purchased from any nation that is a member of the European Union.

Correct Answer:

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