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If the Currency of a Foreign Currency-Denominated Bond ____, the Funds

Question 8

Multiple Choice

If the currency of a foreign currency-denominated bond ____, the funds needed to make coupon payments will ____.


A) appreciates; increase
B) depreciates; decrease
C) appreciates; decrease
D) depreciates; increase
E) appreciates; increase AND depreciates; decrease

Correct Answer:

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