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17 March, 10:09

If Toyota (headquarters in Japan) sells a $1,000 bond in the United States, the bond is a: A) Tokyo bond. B) Eurobond. C) currency bond. D) foreign bond.

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  1. 17 March, 12:24
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    (B) Eurobond

    Explanation:

    Eurobond is a type of bond that is issued by a corporate outside of its country of incorporation. Thus, when a company headquartered in Japan issued bond in the United States, the bond is considered a Eurobond.

    On the other hand, when the country issues the bond in its country of incorporation, it is a local currency bond.
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Home » Business » If Toyota (headquarters in Japan) sells a $1,000 bond in the United States, the bond is a: A) Tokyo bond. B) Eurobond. C) currency bond. D) foreign bond.
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