When Raven Asan sold 12 shares of Home Depot stock that her father had bought from a business acquaintance and given her as a graduation present,it was on which of the following markets?

Question

Quizplus · Accepted Answer

The secondary market is where previously issued securities, like Raven's Home Depot stock, are bought and sold between investors. This is different from the primary market, where new securities are issued and sold for the first time, and the institutional market, which refers to transactions made by institutional buyers and sellers such as mutual funds and pension funds. The speculative market refers to a market where investors engage in high-risk transactions in hopes of making a profit quickly.

When Raven Asan Sold 12 Shares of Home Depot Stock