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The Presence of a Financial Market Increases the Marketability of a Financial

Question 3

Multiple Choice

The presence of a financial market increases the marketability of a financial security by:


A) essentially insuring the price of the security.
B) reducing the transaction costs for selling the security.
C) guaranteeing the accuracy of information produced by the issuer of the security.
D) none of the above.

Correct Answer:

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