Jeffery is an underwriter and sells shares on the ________ market for his job.However,in his personal investment life,he will purchase his stocks through the ________ market.
A)primary;secondary
B)secondary;primary
C)primary;bond
D)open;closed
E)none of the above

Question

Quizplus · Accepted Answer

Underwriters sell shares on the primary market, which is where new securities are issued and sold directly to investors. Jeffrey's personal purchases of stocks would be on the secondary market where previously-issued securities are bought and sold among investors.

Jeffery Is an Underwriter and Sells Shares on the ________