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Which of the following statements most accurately describes activities that occur in a dealer market? Closed - end funds are sold exclusively through this market

Which of the following statements most accurately describes activities that occur in

a dealer market?

Closed

-

end funds are sold exclusively through this market

Rights and warrants can be sold through this market

Buyers and sellers enter competitive bids and offers simultaneously

The volume of trading is far greater in dealer markets than in auction markets

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