Author Question: The sale of new securities, where the financial asset is being traded for the very first time, is ... (Read 78 times)

javeds · **on:** Jul 10, 2018

The sale of new securities, where the financial asset is being traded for the very first time, is said to take place in the ________ market.

A) primary
B) money
C) secondary
D) capital

Question 2

Which of the following is true of a secondary market?

A) It is a market for an unlisted company to raise equity capital.
B) It is a market where securities are issued through private placement
C) It is a market in which short-term money market instruments such as Treasury bills are traded.
D) It is a market in which preowned securities are traded.