Which of the following statement is correct?
Statement I Indian MNC issuing bond denominated in Indian, which is sold to investors in USA is an example of European Bond.
Statement II If, an Indian firm issues dollar denominated bonds in Europe then it is a foreign bond.
A. Both statements are correct
B. Both statements are incorrect
C. Statement I is correct, but Statement II is incorrect
D. Statement II is correct, but Statement I is incorrect
Answer: Option B
This Question Belongs to Management >> International Finance And Treasury
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