Question: Question 18 3 points Save Answer What is the difference between the primary stock market and the secondary stock market? The primary stock market sells

 Question 18 3 points Save Answer What is the difference between

Question 18 3 points Save Answer What is the difference between the primary stock market and the secondary stock market? The primary stock market sells investment grade stock, the secondary stock market sells junk grade stock. In the primary stock market, corporations sell new stocks for the first time to investors; in the secondary stock market, investors resell that stock to other investors. ni O O mi 3 In the primary stock market, stocks are listed on a stock exchange; in the secondary stock market, stocks are sold privately. 4. Common stock is sold in the primary stock market; preferred stock is sold in the secondary stock market. A Moving to another question will save this response. >>

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!