This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is a stock exchange like NASDAQ considered a secondary market? (Read 77 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jul 9, 2019
Why is a stock exchange like NASDAQ considered a secondary market?
◦ Shares sold on it are exchanged between investors without any involvement of the issuing corporation.
◦ It trades the second largest volume of shares in the world.
◦ NASDAQ is called a secondary market because NYSE is considered a primary market.
◦ The exchange has rules that attempt to ensure that bid and ask prices do not get too far apart
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jwb375 on Jul 9, 2019

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jwb375

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jul 9, 2019
Excellent


dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jul 9, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Gas exchange occurs at the alveolar capillary membrane. Gas exchange occurs at the alveolar capillary membrane.
Hormones and secondary sex characteristics Hormones and secondary sex characteristics
Secondary intravenous lines: (b) an intravenous piggyback (IVPB) alignment Secondary intravenous lines: (b) an intravenous piggyback (IVPB) alignment
The primary windings are inside the secondary windings on this General Motors coil. The primary windings are inside the secondary windings on this General Motors coil.
A model for RecA-mediated strand exchange A model for RecA-mediated strand exchange
Main Hall, Trajan's Market Main Hall, Trajan's Market
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library