Ask Question
15 March, 08:00

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.

+3
Answers (1)
  1. 15 March, 10:03
    0
    (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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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) ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers