When Raven Asan sold 12 shares of Home Depot stock that her father had bought from a business acquaintance and given her as a graduation present, it was on which of the following markets?

Question

Quizplus · Accepted Answer

Raven Asan sold shares that were already issued and bought by someone else, making it a secondary market transaction. The primary market is where securities are initially issued and sold by companies, while the institutional market consists of large financial institutions trading securities. The speculative market is a term that refers to risky and speculative investments.

When Raven Asan Sold 12 Shares of Home Depot Stock