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Bond market indexes can be difficult to construct because prices cannot be obtained for companies that operate in emerging markets. they cannot be based on

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Bond market indexes can be difficult to construct because prices cannot be obtained for companies that operate in emerging markets. they cannot be based on firms' market values. bonds tend to trade infrequently, making price information difficult to obtain. corporations are not required to disclose the details of their bond issues. there are so many different kinds of bonds

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