Q7. Which of the following is a difference between primary and secondary capital markets? A) Primary capital markets relate to the sale of new issues of bonds, preferred, and common stock, while secondary capital markets are where securities trade after their initial offering. B) Primary markets are where stocks trade while secondary markets are where bonds trade. C) Secondary capital markets relate to the sale of new issues of bonds, preferred, and common stock, while primary capital markets are where securities trade after their initial offering.
Q8. Which of the following statements regarding secondary markets is least accurate? Secondary markets are important because they provide: A) investors with liquidity. B) firms with greater access to external capital. C) regulators with information about market participants.
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发表于 2009-1-22 11:35
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