A Yankee bond is a bond:
A)sold by a company from the U.S.
B)sold in the U.S.by a foreign firm.
C)sold in the U.S.by a local company.
D)sold in Japan by a company from some other country.

Question

Quizplus · Accepted Answer

A Yankee bond is a bond that is issued in the United States by a foreign company or government. Therefore, the best choice is B, which states that a Yankee bond is sold in the U.S. by a foreign firm.

A Yankee Bond Is a Bond