Which of the following statements is not true with regard to primary market?
A)Is also known as the old issues market.
B)It facilitates the transfer of investible funds from savers to entrepreneurs
C)It deals with new securities being issued for the first time.
D)It facilitates the transfer of investible funds from savers to entrepreneurs.

Question

Quizplus · Accepted Answer

The primary market is known as the new issues market, not the old issues market. It deals with the issuance of new securities for the first time, facilitating the transfer of investible funds from savers to entrepreneurs.

Which of the Following Statements Is Not True with Regard