【单选题】Which of the following are important ways in which mortgage markets differ from the stock and bond markets?
A.
The usual borrowers in the capital markets are government entities and businesses, whereas the usual borrowers in the mortgage markets are individuals.
B.
Most mortgages are secured by real estate, whereas the majority of capital market borrowing is unsecured.
C.
Because mortgages are made for different amounts and different maturities, developing a secondary market has been more difficult.
D.
All of the above are important differences.
E.
Only A and B of the above are important differences.
【单选题】Which of the following are important ways in which mortgage markets differ from stock and bond markets?
A.
The usual borrowers in capital markets are government entities, whereas the usual borrowers in mortgage markets are small businesses.
B.
The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses.
C.
The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses and individuals.
D.
The usual borrowers in capital markets are businesses and government entities, whereas the usual borrowers in mortgage markets are individuals.