Fixed Income Test 1 (Answered) 2022
All The US debt market is larger than the US equity market? T/F of the following are differentiating factors of fixed income securities versus equity securities except for: Fixed claim Higher priority on cash flows Tax deductibility by issuer Infinite Life Infinite Life A bond's CUSIP is defined as: A) A unique nine digit number to identify individual bonds B) A number assigned by the SEC to all registered bond offerings Only A is correct All of the following are differences in how bond trade versus equities except: Equities generally trade at a wider spread differential Bonds trade in a more opaque market (less pricing data readily available) Minimum trading sizes
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- October 19, 2023
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all the us debt market is larger than the us equit