Multiple Choice
The financial market where a new security is sold for the first time is:
A) a primary market.
B) a secondary market.
C) an indirect market.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: Direct financing occurs when:<br>A) an SSU borrows
Q33: Financial markets and financial institutions are both
Q35: The nominal rate of interest is:<br>A) the
Q36: _ is/are the principal SSUs in the
Q38: Which of the following share exchange organisational
Q39: If a company needs to finance a
Q40: Which of the following grants the owner
Q42: A privately held company securing a loan
Q56: Without a financial market, purchasing a house
Q73: The financial system is nothing more than