The primary market is defined as The market for the exchange of securities that have already been issued by a firm. The market for insured securities. The over the counter market. The market for securities of the largest firms. The market for new issues.
The primary market is defined as The market for the exchange of securities that have already been issued by a firm. The market for insured securities. The over the counter market. The market for securities of the largest firms. The market for new issues.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The primary market is defined as
The market for the exchange of securities that have already been issued by a firm.
The market for insured securities.
The over the counter market.
The market for securities of the largest firms.
The market for new issues.
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Step 1
There are different markets depending on the types of securities whether issued new or already issued or depending on the trading mechanism.
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