CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

The trustee acts in a fiduciary capacity with the ______.
A. bond issuer
B. bondholders
C. capital market in which the bond is issued
Explanation: The trustee represents bondholders. An indenture is often made between a bond issuer and a trustee.

User Contributed Comments 0

You need to log in first to add your comment.