Existing stocks and bonds are sold in the ________.

Name: Existing stocks and bonds are sold in the ________.
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Question

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The secondary market is where existing stocks and bonds are sold by investors to other investors. This is distinct from the primary market, where initial public offerings (IPOs) of new stocks and bonds are sold directly to investors. The private placement market and tertiary market are not relevant to the sale of existing stocks and bonds.

Existing Stocks and Bonds Are Sold in the ________