__________ are the best example of securities that trade primarily in a brokered market.
A) Common stocks
B) Corporate bonds
C) Municipal bonds
D) Tombstones

Question

Quizplus · Accepted Answer

Municipal bonds primarily trade in a brokered market, where transactions are facilitated by brokers rather than through a centralized exchange. This is because municipal bonds, often issued by local governments, have a wide variety of issuers and terms, making them less standardized and more suited to brokered transactions.

__________ Are the Best Example of Securities That Trade Primarily