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Basic Question 2 of 4
Most bonds are traded in ______.
B. exchange markets
C. auctions
A. OTC markets
B. exchange markets
C. auctions
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Your review questions and global ranking system were so helpful.

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Learning Outcome Statements
contrast the issuance and trading of government and corporate fixed-income instruments
CFA® 2025 Level I Curriculum, Volume 4, Module 5.