A five-year security was purchased two years ago by an investor who plans to resell it. The investor will sell the security in the

Name: A five-year security was purchased two years ago by an investor who plans to resell it. The investor will sell the security in the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The secondary market is where securities are bought and sold after their initial issuance in the primary market. Since the investor is reselling the security two years after purchase, it will be sold in the secondary market.

A Five-Year Security Was Purchased Two Years Ago by an Investor