Which Statement Is Correct

question 89

Multiple Choice

Which statement is correct?

• A)Bond markets have less daily trading volume than equity markets.
• B)There are fewer bond issues outstanding than there are equity issues.
• C)Municipal bond prices are highly transparent.
• D)Bond markets are dealer based.
• E)Most bond trades occur on the NYSE.

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Definitions:

Consolidated

Combined financial statements that present the assets, liabilities, and operating results of parent companies and their subsidiaries as a single entity.

Diversified

A risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to reduce risk.

Responsibility Centers

These are parts or segments of a business for which individual managers are responsible, usually in terms of costs, revenues, or investment.

Cost Center

A business unit or department within an organization that does not directly generate revenue but incurs costs, used for budgeting and cost control.