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Author Question: The sale of new securities, where the financial asset is being traded for the very first time, is ... (Read 63 times)

javeds

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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.


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kswal303

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: A

Answer to Question 2

D


javeds

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

bigcheese9

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Reply 3 on: Yesterday
Excellent

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