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Which of the following statements is NOT correct? A. Owners of financial instruments can sell them in the secondary market and the buyer now gets

  1. Which of the following statements is NOT correct?

    A.

    Owners of financial instruments can sell them in the secondary market and the buyer now gets the financial instrument as an asset.
    B.

    A financial instrument has one issuer but possibly successive owners thanks to the secondary market.
    C.

    Issuers of financial instruments can sell them to investors in the primary market.
    D.

    Companies in need of funds raise funds by buying financial instruments in the primary market.

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