Consider Warrens expectations regarding the supply of new issues in the primary market. Given recent research into

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Consider Warren’s expectations regarding the supply of new issues in the primary market.

Given recent research into primary markets, is Warren most likely correct or incorrect regarding the eff ect on spreads and the probability of the bonds being callable?

Eff ect on Spreads Bonds Being Callable A. Correct Correct B. Correct Incorrect C. Incorrect Correct

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