The bond market investor must be prepared to deal in a relatively strong primary market (new issues market) and a relatively weak secondary market (resale market).

Name: The bond market investor must be prepared to deal in a relatively strong primary market (new issues market) and a relatively weak secondary market (resale market).
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The bond investor must be prepared to deal in a relatively strong primary market (new issues market) and a relatively weak secondary market (resale market).

The Bond Market Investor Must Be Prepared to Deal in a Relatively