Question

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 marketB. Over-the-counter marketC. Secondary marketD. Primary marketE. Tertiary market

Answer 1

Personalized marketing

Answer 2

The correct answer is letter "C": Secondary market.

Step-by-step explanation:

A secondary market relates to all equity transactions that occur after the initial offer. It can also refer to the exchanges where these transactions occur. The New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ) are examples of secondary market exchanges.