All of the Following Are Advantages of Secondary Markets except

Multiple Choice

All of the following are advantages of secondary markets except

A) Provide liquidity to individuals holding the securities.
B) Support the primary market by reducing the required rate of return due to the lower liquidity risk for securities.
C) Provide price discovery for corporations selling seasoned securities.
D) Impact market efficiency and price volatility.
E) All of the above are advantages of secondary markets.