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Which of the Following Is True of a Secondary Market

Question 21

Multiple Choice

Which of the following is true of a secondary market?


A) It is a market for an unlisted company to raise equity capital.
B) It is a market where securities are issued through private placement
C) It is a market in which short-term money market instruments such as Treasury bills are traded.
D) It is a market in which preowned securities are traded.

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