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Question 83 Secondary markets: A. function as a place for smaller, less well-known firms to issue securities B. are an important vehicle for established firms

Question 83

Secondary markets:

A. function as a place for smaller, less well-known firms to issue securities

B. are an important vehicle for established firms to raise additional money for expansion

C. are a means by which funds are cycled from savers to borrowers

D. are concerned with the trading of previously issued securities between investors

BAM313 - INTRODUCTION TO FINANCIAL MANAGEMENT

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