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14 October, 02:12

Valerie bought 200 shares of Able stock today. Able stock has been trading for some time on the NYSE. Valerie's purchase occurred in which market?

A. Dealer market

B. Over-the-counter market

C. Secondary market

D. Primary market

E. Tertiary market

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Answers (1)
  1. 14 October, 02:18
    0
    (c) Secondary market

    Explanation:

    Secondary market:

    The secondary market, additionally called the reseller's exchange and pursue on open offering is the budgetary market wherein recently gave money related instruments, for example, stock, securities, choices, and fates are purchased and sold.

    After the initial issuance, investors can purchase from other investors in the secondary market.
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