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What is the full form of "FCCB"?
Correct Answer: D — Foreign Currency Convertible Bond
Explanation:
A foreign currency convertible bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency. In other words, the money being raised by the issuing company is in the form of foreign currency. A convertible bond is a mix between a debt and equity instrument.