Explain why a stock market must exist for the resale of stock first issued many years ago

Question:

Explain why a stock market must exist for the resale of stock first issued many years ago for newly issued stock (an IPO) to garner significant interest among investors?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

Question Posted: