Multiple Choice
Why is a stock exchange like NASDAQ considered a secondary market?
A) It trades the second largest volume of shares in the world.
B) Shares sold on it are exchanged between investors without any involvement of the issuing corporation.
C) The exchange has rules that attempt to ensure that bid and ask prices do not get too far apart.
D) NASDAQ is called a secondary market because NYSE is considered a primary market.
Correct Answer:
Verified
Correct Answer:
Verified
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