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The Fact That the Supply Curve for a Given Firm's

Question 114

Multiple Choice

The fact that the supply curve for a given firm's bond is vertical reflects the fact that


A) at any given point in time there are a fixed number of those bonds in existence.
B) firms adjust the number of bonds they issue on a daily basis
C) investors do not adjust their portfolios when interest rates change
D) government limits the amount of bonds a company can issue

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