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1. Trades that take place in Electronic Communication Networks (ECNs) are primary market transactions. True False 2. Government borrowing is generally insenstive to changes in
1. Trades that take place in Electronic Communication Networks (ECNs) are primary market transactions.
True
False
2. Government borrowing is generally insenstive to changes in interest rates.
True
False
3. Credit spreads for bonds tend to widern during recessions.
True
False
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