Multiple Choice
Which of the following are functions of the secondary market?
I. Provide liquidity for current stockholders.
II. Equate the demand and supply of securities.
III. Provide a market for the dale of new stock by companies that are already public.
IV. Provide continuous pricing of securities.
A) I and II only
B) II and IV only
C) I and III only
D) I, II and IV only
Correct Answer:
Verified
Correct Answer:
Verified
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