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

B. I and IV

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.

If the Sony decides to decrease the price of the Blu-ray player, for which there are many Blu-ray videos available. It can be inferred that the quantity of Blu-ray systems demanded will increase and the market demand for Blu-ray videos will increase.