Question: Question 21 (1 point) When a bond has poor liquidity I. The bid-ask spread for it is usually large I. It is difficult to trade
Question 21 (1 point)
When a bond has poor liquidity
I. The bid-ask spread for it is usually large
I. It is difficult to trade in large quantities
Ill. Its YTM is higher than the yields of similar but more liquid securities

OI only II only II and III only I, II and III When a bond has poor liquidity 1. The bid-ask spread for it is usually large II. It is difficult to trade in large quantities III. Its YTM is higher than the yields of similar but more liquid securities Ol only Oll only OII and III only OI, II and
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