Multiple Choice QuestionBecause most corporate bonds and all U.S. government debt securities are traded in the _____ market, this market regularly accounts for the largest total dollar value of all the secondary markets.Multiple choice question.ICEOTCNYSENASDAQ
Question
Multiple Choice QuestionBecause most corporate bonds and all U.S. government debt securities are traded in the _____ market, this market regularly accounts for the largest total dollar value of all the secondary markets.Multiple choice question.ICEOTCNYSENASDAQ
Solution
The answer is OTC.
Step by step explanation:
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The question is asking where most corporate bonds and all U.S. government debt securities are traded.
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The options given are ICE, OTC, NYSE, and NASDAQ.
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OTC stands for Over-The-Counter, which is a decentralized market where securities are traded directly between two parties, without a broker.
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Most corporate bonds and all U.S. government debt securities are traded in the OTC market.
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Therefore, the OTC market regularly accounts for the largest total dollar value of all the secondary markets.
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