Question

1) A Secondary Market is where a. Companies issue new shares b. Governments issue bonds c....

1) A Secondary Market is where

a.

Companies issue new shares

b.

Governments issue bonds

c.

bank loans are organized

d.

existing securities are traded after they have been issued

e.

IPOs occur

2) Contractionary monetary policy can be expected to

a.

Contractionary monetary policy can be expected to

b.

reduce bond prices

c.

increase bond duration

d.

cause bonds to sell at par

e.

increase residual maturity

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