Explain the difference between dealer and agency markets. Why do you think both types of markets exist?

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Explain the difference between dealer and agency markets. Why do you think both types of markets exist? Is there one type of market that is the best? Explain.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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