Which of the following is a role of the secondary


1. Which of the following is a role of the secondary market?

A. Offer securities for sale for the first time

B. Trade long term securities only

C. Establishing security prices

D. Give information for securities on sale in the primary market

2. Grandma's life savings of $100,000 earn 4% in a trust fund. You can't withdraw the money until the amount has doubled. How long will you have to wait until you can withdraw funds? Round off to the nearest year:

 

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Which of the following is a role of the secondary
Reference No:- TGS02744481

Expected delivery within 24 Hours