Multiple Choice
An important function of secondary markets is to
A) make it easier to sell financial instruments to raise funds.
B) raise funds for corporations through the sale of securities.
C) make it easier for governments to raise taxes.
D) create a market for newly constructed houses.
Correct Answer:
Verified
Correct Answer:
Verified
Q68: _ are financial intermediaries that acquire funds
Q69: Risk sharing is profitable for financial institutions
Q70: _ are short-term loans in which Treasury
Q71: A corporation acquires new funds only when
Q72: Life insurance companies and fire and casualty
Q74: _ institutions are financial intermediaries that acquire
Q75: The purpose of the disclosure requirements of
Q76: Securities are _ for the person who
Q77: When I purchase _,I own a portion
Q78: A debt instrument sold by a bank