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Basic Question 0 of 4

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.

User Contributed Comments 0

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

calculate and interpret the mean, variance, and covariance (or correlation) of asset returns based on historical data

calculate and interpret portfolio standard deviation

describe the effect on a portfolio's risk of investing in assets that are less than perfectly correlated

CFA® 2025 Level I Curriculum, Volume 2, Module 1.