Secondary markets are important because
A) the prevailing market price of securities is determined in the secondary market.
B) it has an impact on price stability.
C) it has an impact on price continuity.
D) the proceeds from a sale go to the issuing unit.
E) they prevent price discovery.

Question

Quizplus · Accepted Answer

The Answer of Secondary markets are important because
A) the prevailing market price of securities is determined in the secondary market.
B) it has an impact on price stability.
C) it has an impact on price continuity.
D) the proceeds from a sale go to the issuing unit.
E) they prevent price discovery.

Secondary Markets Are Important Because