The largest segment of the corporate bond market consists of
A)public utilities.
B)rails and transportation.
C)financial issues.
D)industrial issues.

Question

Quizplus · Accepted Answer

Public utilities represent the largest segment of the market and have issues that run up to 40 years in maturity. Because public utilities are in constant need of funds to meet ever-expanding requirements for power generation, telephone services, and other essential services, they are always in the bond market to raise new funds.

The Largest Segment of the Corporate Bond Market Consists of