Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the term for a market where investors trade pre-existing securities among themselves (i.e. no new securities are created), and where the firm issuing

What is the term for a market where investors trade pre-existing securities among themselves (i.e. no new securities are created), and where the firm issuing the securities is not involved in transactions?

A. Captial Market

B. Secondary Market

C. Money market

D. Direct Market

E. Primary market

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Modeling

Authors: Simon Benninga, Tal Mofkadi

5th Edition

0262046423, 9780253337825

More Books

Students also viewed these Finance questions

Question

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago

Question

How does national culture relate to organizational culture?

Answered: 1 week ago