Q1008
Markets in which outstanding securities are traded by investors are classified as
A.
primary markets
B.
secondary markets
AnswerC.
initial public offering market
D.
stock market
Answer: Option B
Solution
Answer: Option B
Solution:
Markets in which outstanding securities are traded by investors are classified as secondary markets. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.