Most of the Bonds That Are Bought and Sold Are

question 266

Multiple Choice

Most of the bonds that are bought and sold are not transacted on the organized exchanges.They are bought and sold through bond dealers who do not sell many ________ bonds but do trade many ________ bonds in the secondary market.

• A) corporate; government
• B) government; corporate
• C) high par value; corporate
• D) government; low par value
• E) corporate; firm-specific bonds

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Definitions:

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