Bond Market Indexes Can Be Difficult to Construct Because

question 44

Multiple Choice

Bond market indexes can be difficult to construct because

• A) they cannot be based on firms' market values.
• B) bonds tend to trade infrequently, making price information difficult to obtain.
• C) there are so many different kinds of bonds.
• D) prices cannot be obtained for companies that operate in emerging markets.
• E) corporations are not required to disclose the details of their bond issues.

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