The secondary market is the market wherein ...
A) one issuer exchanges securities directly with another issuer.
B) the government is either the buyer or the seller of the security.
C) shareholders buy from and sell to other shareholders.
D) the security issuer is the seller and the buyer is a member of the general public.
E) the security issuer is the buyer and the seller is a member of the general public.

Question

Quizplus · Accepted Answer

The secondary market is where existing securities are traded among investors, meaning shareholders buy from and sell to other shareholders, without the involvement of the issuing companies.

The Secondary Market Is the Market Wherein