alleryStart learning →The market where already issued securities change hands is the:
ASeasonal market
BSelected market
CSettled market
DSecondary market
Answer & Solution
Correct answer: D. Secondary market
1. The issuer gets nothing here.
2. Investors trade among themselves.
3. That is the secondary market.
_Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._
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