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Basic Question 0 of 6
Most bonds are traded in ______.
B. exchange markets
C. auctions
A. OTC markets
B. exchange markets
C. auctions
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.