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According to Woepking, Eurobond is one such example which allows investors to invest with Euros in spite of their local currency, which makes the investment free of local currency fluctuations, allows the investors to gain from the rising value of Euro, increases the liquidity of the funds and gives the ability to convert the funds in any of the currencies in order to achieve maximum future value. Eurobonds uses the present value and future value of money concept knowing that the value of investing one Euro today is higher than investing the corresponding U.S dollar amount in a dollar based investment...
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Common topics in this essay:
- First Securities Company of Chicago
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