The following would be an example of when a team or public sector might issue bonds.

a. raise capital for a new stadium

b. raise money to put a new player on payroll

c. buying bonds for future earnings

d. influence interest rates in u.s.

e. all of the above

2. You are an American investor holding some German stocks. Over the month, the value of your stock portfolio goes from €5 million to €5.2 million. The exchange rates move from $1 per euro to $0.98 per euro. What is your rate of return in dollars?

A)–1.2%

B) 1.92%

C) 2.5%

D) 2.86%