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Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III trades are reported to a consolidated tape IV trades are not reported to a consolidated
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Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III trades are reported to a consolidated tape IV trades are not reported to a consolidated tape

A. I and III B. I and IV C. II and III D. II and IV

User Dedoki
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Answer: B. I and IV

Step-by-step explanation:

An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.

Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.

User Andreas Gelever
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