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Basic Question 1 of 8

A Yankee bond is a bond ______.

A. sold in the U.S. by a company incorporated in the U.S.
B. sold in the U.S. by a company incorporated in another country
C. sold in Europe by a company incorporated in the U.S.

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe how legal, regulatory, and tax considerations affect the issuance and trading of fixed-income securities

CFA® 2024 Level I Curriculum, Volume 4, Module 2.