- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 42. Fixed-Income Securities: Defining Elements
- Subject 3. Legal, Regulatory and Tax Considerations
CFA Practice Question
Which factor has the strongest impact on a bond's price?
A. The currency in which it is denominated
B. Where the bond is issued
C. Where the bond is traded
Explanation: Market interest rates have a strong influence on a bond's price; the market interest rates that affect a bond are those associated with the currency in which the bond is denominated.
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