Discuss Forum
1. The term 'Secondary Market' is usually used in ----
- A. Stock Market
- B. Stock Market
- C. Stock Market
- D. Stock Market
Answer: Option A
Explanation:
The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.
Another frequent usage of "secondary market" is to refer to loans which are sold by a mortgage bank to investors such as Fannie Mae and Freddie Mac.
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