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Question 20 (1 point) Saved When a bond has poor liquidity 1. The bid-ask spread for it is usually large II. It is difficult to
Question 20 (1 point) Saved When a bond has poor liquidity 1. The bid-ask spread for it is usually large II. It is difficult to trade in large quantities III. Its YTM is higher than the yields of similar but more liquid securities I only Il only II and Ill only I, II and
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