Question
Which of the following is a reason bond markets may lack price transparency. A. Bond markets sometimes lack a centralized exchange or trading system. B.
Which of the following is a reason bond markets may lack price transparency.
| A. | Bond markets sometimes lack a centralized exchange or trading system. | |
| B. | There are a large number of debt issues outstanding. | |
| C. | All of these answers. | |
| D. | In the US, Europe and Japan, bonds are traded in dealer-based over-the-counter markets. |
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
