38) An important financial institution that assists in the initial sale of securities in the primary market is the OA) investment bank. OB) commercial bank. OC) stock exchange. OD) brokerage house.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter31: Capital Markets
Section: Chapter Questions
Problem 16E
icon
Related questions
Question
Answer question 38
10:26
451
docs.google.com/forms
6
C) tertiary
D) used securities
38) An important financial institution
that assists in the initial sale of
securities in the primary market is
the
A) investment bank.
B) commercial bank.
C) stock exchange.
D) brokerage house.
39) Which of the following is not a
secondary market?
A) foreign exchange market
B) futures market
C) options market
A
Transcribed Image Text:10:26 451 docs.google.com/forms 6 C) tertiary D) used securities 38) An important financial institution that assists in the initial sale of securities in the primary market is the A) investment bank. B) commercial bank. C) stock exchange. D) brokerage house. 39) Which of the following is not a secondary market? A) foreign exchange market B) futures market C) options market A
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Depletion Allowance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Microeconomics A Contemporary Intro
Microeconomics A Contemporary Intro
Economics
ISBN:
9781285635101
Author:
MCEACHERN
Publisher:
Cengage
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax