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Question
From the issuing government's perspective:a. The ad hoc auction system introduces less market volatility than a regular
calendar auction.
b. The ad hoc auction system offers less flexibility in raising funds than a regular calendar auction.
c. The ad hoc auction system provides greater stability in scheduling.
d. a and b only.
e. All of the above.
Answer
This answer is hidden. It contains 1 characters.
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