Question
1. Concerning securities markets, what is the difference between the primary market and the secondary market. 2. we covered broker markets and a dealer markets,
1. Concerning securities markets, what is the difference between the primary market and the secondary market.
2. we covered broker markets and a dealer markets, explain how the intermediary makes money by facilitating the trade, and provide an example of each type of market (i.e. name a broker market and name a dealer market).
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Introduction to Corporate Finance
Authors: Scott B. Smart, William L Megginson
2nd edition
9780324658958, 0324658958, 978-0324657937
