Answer:
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International bond that is sold primarily in countries other than the country of the currency in which the issue is denominated.
<h3 /><h3>What is Eurobond?</h3>
A Eurobond is a debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued.
Eurobonds are frequently grouped together by the currency in which they are denominated, such as Eurodollar or Euro-yen bonds.
Eurobonds are the bonds denominated in a currency other than that of the country in which they are issued.
A bond denominated in Japanese Yen and issued in the UK, or a bond denominated in US dollars and issued in France or the UK are examples of Eurobonds.
To learn more about Eurobond, refer to:
brainly.com/question/26271508
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Answer:
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Explanation:
Answer:
$1,076,000
Explanation:
The computation of the carrying value of the bonds is shown below:
= Face value of the bond + unamortized bond premium
= $1,060,000 + $16,000
= $1,076,000
We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come
All other information which is given is not relevant. hence, ignored it
Answer:
c. reserves increase by $100 million and the money supply increases by more than $100 million
Explanation:
Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.
