Q421
Negotiable deposit certificate are traded in
A.
secondary markets
AnswerB.
primary markets
C.
direct markets
D.
indirect markets
Answer: Option A
Solution
Answer: Option A
Solution:
Negotiable deposit certificate are traded in 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.