Question: Question content area top Part 1 What is the difference between a primary and a secondary market? Question content area bottom Part 1 The secondary

Question content area top
Part 1
What is the difference between a primary and a secondary market?
Question content area bottom
Part 1
The
secondary market
primary market
refers to a corporation issuing new shares of stock and selling them to investors. After this initial transaction between the corporation and investors, the shares continue to trade in a
secondary market
primary market
between investors without the involvement of the corporation.

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!