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How does the presence of a secondary market simplify your

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Suppose that you are considering investing in an asset for which there is a reasonably good secondary market. Specifically, you"re Delta Airlines, and the asset is a Boeing 757-a widely used airplane. How does the presence of a secondary market simplify your problem in principle? Do you think these simplifications could be realized in practice? Explain.

Reference no: EM13480905

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