Which of the following financial assets might be least likely to have an active secondary market?

Question

Quizplus · Accepted Answer

Bank loans made to smaller firms typically have less liquidity and are less standardized compared to other financial assets, making them less likely to have an active secondary market. Common stock of a large firm, bonds of a major, multinational corporation, and debt issued by the U.S. Treasury are more likely to have active secondary markets due to their larger size, standardization, and ease of trading.

Which of the Following Financial Assets Might Be Least Likely