Asked by Holly Hrynyshyn on Jun 05, 2024
Verified
The New York Stock Exchange (NYSE)is a secondary market.
New York Stock Exchange
A leading global financial exchange where stocks and other securities are bought and sold.
Secondary Market
A market where investors buy and sell securities or assets from other investors, rather than from the issuing entities.
- Define secondary markets and their roles.
Verified Answer
AM
Athenkosi MjekulaJun 10, 2024
Final Answer :
True
Explanation :
The NYSE is a secondary market because it allows investors to buy and sell securities from other investors, rather than from the issuing companies directly.
Learning Objectives
- Define secondary markets and their roles.
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