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Examveda

Eurobonds are denominated in only one currency which is

A. Canadian dollars

B. us dollars

C. Euros

D. Japanese yen

Answer: Option C

Solution(By Examveda Team)

Eurobonds are denominated in only one currency which is Euros. Eurobonds are bonds denominated in a currency different from the currency of the countries in which they are issued and sold. The name Eurobond has nothing to do with euros or even with Europe.

This Question Belongs to Management >> International Finance And Treasury

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