Fixed income certificatio - Study guides, Class notes & Summaries
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Fixed Income Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 20 pages • 2024
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ABL Ltd. is an Australian company that has financed a joint venture project in Singapore 
using a 15-year, fixed-rate bond paying semi-annual coupons that are denominated in 
Singapore dollars. The bond's par value, to be paid at maturity, is denominated in US dollars. 
This bond is an example of a: 
global bond. 
currency option bond. 
dual-currency bond. C is correct. In a dual-currency bond, coupon payments are 
denominated in one currency, and the par value is denominated in a different...
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