In high quality secondary markets, securities are traded at relatively ___ cost and _____ inconvenience.
A)low, little
B)high, little
C)low, great
D)high, great

Question

Quizplus · Accepted Answer

High quality secondary markets are efficient and have a lot of liquidity, meaning securities can be bought and sold quickly and easily. This reduces the inconvenience of trading in these markets. Additionally, since the markets are efficient, the cost of trading is relatively low.

In High Quality Secondary Markets, Securities Are Traded at Relatively