Answer question 37 10:26docs.google.com/formsresidual claimants4516D) underwriters37) A financial market in whichpreviously issued securities can beresold is called amarket.A) primaryB) secondaryC) tertiaryD) used securities38) An important financial institutionthat assists in the initial sale ofsecurities in the primary market istheA) investment bank.B) commercial bank.C) stock exchange.

In financial markets stocks, bonds, treasury bills, securities, etc. are traded.

Answered: 37) A financial market in which…

37) A financial market in which previously issued securities can be resold is called a market. A) primary B) secondary OC) tertiary OD) used securities

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Answer question 37

10:26
docs.google.com/forms
residual claimants
451
6
D) underwriters
37) A financial market in which
previously issued securities can be
resold is called a
market.
A) primary
B) secondary
C) tertiary
D) used securities
38) An important financial institution
that assists in the initial sale of
securities in the primary market is
the
A) investment bank.
B) commercial bank.
C) stock exchange.

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