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Which of the following(s) is (are) the characterization of dealer market? O It is time-consuming to search for a fair deal. O It improved market
Which of the following(s) is (are) the characterization of dealer market? O It is time-consuming to search for a fair deal. O It improved market efficiency because dealers provide continuous bid and ask prices for securities. O The dealer does not hold an inventory of securities. O The presence of a dealer market does not affect market efficiency because search costs are still high.
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