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What is a Secondary Market?
12. What is a Secondary Market?
- The amount the seller receives following the sale of an asset after all costs and expenses are deducted.
- Where securities are traded by investors
- The value of the assets of the Company or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.
- None of the above
Answer: B) Where securities are traded by investors
Explanation:
The secondary market is the place where financial backers trade protections they currently own. It is the thing that a great many people ordinarily consider as the "financial exchange," however stocks are likewise sold on the essential market when they are first given.