Which of the following is not a way in which secondary markets support primary markets?
A)Facilitating risk management.
B)Underwriting new issues of securities.
C)Providing liquidity for holders of issued securities.
D)Providing a price-discovery mechanism for primary markets when new issues are contemplated.

Question

Quizplus · Accepted Answer

Underwriting new issues of securities is a function of primary markets, not secondary markets. Secondary markets support primary markets by providing liquidity, facilitating risk management, and aiding in price discovery.

Which of the Following Is Not a Way in Which