While on vacation in Europe, you decide to visit Britain. You estimate that you need 200 pounds for spending money in Britain. Use the sample exchange rates below to calculate how many euros you need to convert to pounds.

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International Bonds

A bond is fixed-income security where a lender comes into a contract with the borrower. The borrower agrees to make payment and interest at a specified date in the future or on maturity period. It is a type of financing that helps to fulfill and meet obligations. Many people invest in bonds because it is a simple form of security.