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单选题
)
)
Which of the following statements are true?
A
A liquid asset is one that can be quickly and cheaply converted intocash.
B
The demand for a bond declines when it becomes less liquid,decreasing the interest rate
spread
between it and relatively more liquid bonds.
C
The differences in bond interest rates reflect differences in defaultrisk only.
D
The corporate bond market is the most liquid bond market.
答案解析
正确答案：A
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