Which one of the following applies to "Yankee bonds"?
A)U.S. corporate bonds that are sold internationally
B)U.S. corporate bonds denominated in a foreign currency
C)U.S. government bonds that are sold internationally
D)any bond that is denominated in U.S. dollars
E)foreign-issued bonds sold in the U.S.

Question

Quizplus · Accepted Answer

Yankee bonds are foreign-issued bonds that are sold in the U.S. market. They are denominated in U.S. dollars and are subject to American regulations, allowing U.S. investors to invest in foreign companies without the risk of currency fluctuations.

Which One of the Following Applies to "Yankee Bonds