Register
Valerie bought 200 shares of Able stock today. Able stock has been trading for some time on the NYSE. Valerie's purchase occurred in which market? A. Dealer market B. Over-the-counter market C. Secondary
115k views
0 votes
Valerie bought 200 shares of Able stock today. Able stock has been trading for some time on the NYSE. Valerie's purchase occurred in which market?

A. Dealer market
B. Over-the-counter market
C. Secondary market
D. Primary market
E. Tertiary market

User Seymour
by
6.3k points

1 Answer

4 votes

Answer:

(c) Secondary market

Step-by-step explanation:

Secondary market :

The secondary market, additionally called the reseller's exchange and pursue on open offering is the budgetary market wherein recently gave money related instruments, for example, stock, securities, choices, and fates are purchased and sold.

After the initial issuance, investors can purchase from other investors in the secondary market.

User Goombah
by
6.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.2m questions

8.2m answers

Other Questions

Why do objects used as money need to be in limited supply
When a producer owns an intermediary at the next level down in the marketing channel, it is referred to as _________. a. forward integration b. backward integration c. vertical channel connection d. horizontal
Describe a time when you or someone you know chose not to conform to the behavior of others. Why do you think this person chose not to conform
An owner decides to sell his property and discovers that there is a lien on his title for a swimming pool he paid off 10 years ago. the pool company is out of business. what is the owner to do?
Your grandfather invested $1,000 in a stock 36 years ago. currently the value of his account is $318,000. what is his geometric return over this period?
Link Copied!