A japanese firm issued and sold a dollar-denominated bond


A Japanese firm issued and sold a dollar-denominated bond in the United Kingdom. A U.S. firm issued bonds denominated in yen and sold the bonds in Japan. Which one of the following statements is correct? A. Both bonds are examples of Eurobonds. B. The Japanese bond is a Eurobond, and the U.S. bond is termed a foreign bond. C. The U.S. bond is a Eurobond, and the Japanese bond is termed a foreign bond. D. Neither bond is a Eurobond.

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Financial Management: A japanese firm issued and sold a dollar-denominated bond
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