The ________ market is where securities are initially issued and the ________ market is where pre-owned securities (not new issues) are traded.
A) primary; secondary
B) money; capital
C) secondary; primary
D) primary; money

Question

Quizplus · Accepted Answer

The primary market is where companies issue new securities to raise capital for their business. In contrast, the secondary market is where pre-owned securities (not new issues) are traded among investors. Therefore, the best choice is A.

The ________ Market Is Where Securities Are Initially Issued and the ________

The Market Is Where Securities Are Initially Issued and the