Examlex
All of the following are types of innovative bonds except:
Market Value
The rate at which the market currently allows the buying or selling of a service or asset.
Firm's Equity
The value of a company owned by its shareholders, representing the residual assets of the company after debts have been subtracted.
Dealer Markets
Markets where dealers buy and sell securities for their own accounts at their own risk.
OTC Market
The Over-the-Counter (OTC) market refers to decentralized trading of securities, such as stocks and bonds, not conducted on a formal exchange.
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