A liquid secondary bond market allows an investor to sell a bond at: A. The desired price.

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A liquid secondary bond market allows an investor to sell a bond at:

A. The desired price.

B. A price at least equal to the purchase price.

C. A price close to the bond’s fair market value.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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