Business, 01.11.2019 03:31 rondonalba

Aclient lists their primary investment objective as liquidity. an rr believes that investments in municipal securities are best suited for this client. with the primary investment objective of the client in mind, which of the following would be the most attractive feature in relation to recommendations of municipal securities by the rr to this client? a) the market price of a particular municipal security exceeds the par value of the security by a sizeable amount. b) the market price of a particular municipal security is well below the par value of the security. c) the security has a maturity that takes place within the next year. d) the security has a call premium that currently exceeds the market price.

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Aclient lists their primary investment objective as liquidity. an rr believes that investments in mu...

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