Question

Which of the following statements about Euro bonds is/are true?
I. The issuer chooses the currency of denomination.
II. Spreads on firm commitment offers are lower for Euro bonds than for U.S. bonds.
III. Euro bonds typically have denomination of $5,000 and $10,000.
IV. Euro bonds are bearer bonds.
A. I and II only
B. I, III, and IV only
C. II, III, and IV only
D. II and III only
E. I, II, III, and IV are true

Answer

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