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What Is True of the Secondary Market for Stocks

Question 19

Multiple Choice

What is true of the secondary market for stocks?


A) Foreign-owned companies trade in the secondary market for stocks.
B) Previously owned stocks are sold in the secondary market but make up fewer than half of all stock market transactions.
C) Smaller, less well-established companies trade in the secondary market for stocks.
D) Previously owned stocks are sold in the secondary market and make up the majority of stock market transactions.

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