Debt securities issued by a small firm may be ________, meaning that _______ investors want to invest in those securities.

Question

Quizplus · Accepted Answer

Debt securities issued by a small firm are more likely to be illiquid, as smaller firms are typically less established and have a smaller investor base. Additionally, fewer investors may want to invest in these securities due to the increased risk associated with investing in small firms.

Debt Securities Issued by a Small Firm May Be ________