CFA Practice Question

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CFA Practice Question

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.
Correct Answer: B

A Yankee bond is a foreign bond issued in the U.S.

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