Which of the following statements is correct with respect to bonds?
A) Nearly all secondary trading of bonds occurs in the over-the-counter market.
B) Over the years,bonds have become steadily less important as a source of long-term funds for corporations.
C) From an investor's perspective,debentures are generally a better investment than bearer bonds.
D) When an investor hears that a bond has a sinking fund,that is a sign that the company is in financial trouble.
E) All of these statements are correct.
Correct Answer:
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