Which one of
the following statements is true about secondary markets?

Question

Which  one  of
the following statements is true about secondary markets?

Answer

An active secondary market causes companies to
sell their new debt or equity issues at a higher cost of funds

Answer

In secondary markets, outstanding shares are
bought and sold among investors

Answer

The same function as the primary market

Answer

For an investor, the function of secondary
markets is to provide profitability for the shares of securities they own

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