LOS b: Distinguish between primary and secondary capital markets and explain how secondary markets support primary markets.
A primary market transaction involves:
A) |
the sale of new securities to investors. | |
B) |
the direct trading of securities between institutional investors. | |
C) |
primarily preferred stocks. | |
A primary market is a market for new issues of securities.
[此贴子已经被作者于2010-4-22 10:44:26编辑过] |