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Management · Q997

Financial Management

Graduate and Post Graduate · Management · question 997

Q997

Physical location exchange or telephone networks are types of

A.
long-term markets
B.
secondary markets
Answer
C.
money markets
D.
capital markets

Answer: Option B

Solution

Answer: Option B
Solution:
Physical location exchange or telephone networks are types of 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.