One type of foreign bond that carries no currency exchange rate risk for a U.S. investor is a

A) Eurodollar bond.
B) foreign-pay bond.
C) PIK bond.
D) Yankee bond.

Answer: D

Business

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When the public relations department issues a statement saying, "Our competitors deliberately made misstatements about the correct way to use our product, and people were injured as a result" it is an example of:

A) expression of innocence B) excuse C) rationalization D) justification

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Failure is generally the result of ________

A) poor executive judgment B) financial mismanagement C) a bad strategy D) all of the above

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