Secondary markets are a valuable institution of market economies because:
A) they increase the costs of borrowing.
B) they lower the costs of borrowing.
C) they eliminate the need for bond ratings.
D) they eliminate the risk for bonds defaulting.
E) they lower the price of securities.
Correct Answer:
Verified
Q94: Which of the following is an advantage
Q95: U.S.Treasury securities are generally considered:
A) riskier than
Q96: If a bond cannot be resold in
Q97: The bonds sold by the U.S.government to
Q98: Holding all else equal,if a secondary market
Q100: Which of the following is an advantage
Q101: In the following table,fill in the missing
Q102: Between 1982 and 2008,the total size of
Q103: Which of the following supply and demand
Q104: Which of the following supply and demand
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents