Question: All else equal, debt securities with a short-term maturity or an active _______ market have ________ liquidity and ___________ yield. Question options: a. secondary, lower,

All else equal, debt securities with a short-term maturity or an active _______ market have ________ liquidity and ___________ yield.

Question options:

a. secondary, lower, lower

b. secondary, higher, lower

c. secondary, higher, higher

d. primary, lower, higher

e. primary, higher, lower

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