What is the difference between a primary and a secondary market?
a. primary market: financial...
What is the difference between a primary and a secondary market?
a. primary market: financial assets can be redeemed only by the original investor
secondary market: assets can be resold
b. primary market: redeemed by a firms assets
secondary market: redeemed by money owed to a firm
c. primary market: assets can be resold
secondary market: financial assets can be redeemed only by the original investor
d. primary market: money can be lent for less than 1 year
secondary market: money can be lent for more than 1 year
Answers: 1
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