The secondary market is best defined by which one of the following?
A)market in which subordinated shares are issued and resold
B)market conducted solely by brokers
C)market dominated by dealers
D)market where outstanding shares of stock are resold
E)market where warrants are offered and sold

Question

Quizplus · Accepted Answer

The secondary market refers to the market where outstanding shares of stock are resold by investors to other investors. This market enables investors to buy and sell securities after they have been issued in the primary market. The secondary market is dominated by dealers and brokers, who facilitate the buying and selling of securities among investors. Therefore, option D is the best choice.

The Secondary Market Is Best Defined by Which One of the Following