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1) Why is it general difficult to determine the market price of a private corporation's shares at any point in time? A. The price of

1) Why is it general difficult to determine the market price of a private corporation's shares at any point in time? A. The price of its shares is fixed by the owners. B. It has a limited number of owners C. There is no organized market for its shares D. It is difficult to obtain enough information to accurately value such a company 2)Why is a stock exchange like NASDAQ considered a secondary market? A. It trades the second largest volume of shares in the world. B. Shares sold on it are exchanged between investors without any involvement of the issuing corporation C. The exchange has rules that attempt to ensure that bid and ask prices do not get too far apart. D. NASDAQ is called a secondary market because NYSE is considered a primary market

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