How primary and secondary markets work.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter1: An Overview Of Financial Management And The Financial Environment
Section: Chapter Questions
Problem 15MC: Explain the differences among broker-dealer networks, alternative trading systems, and registered...
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Create an illustration showing:

  1. How primary and secondary markets work.

 

2. The market participants: Investors, stockbroker, stock exchange, transfer agents, depository, clearing house and settlement banks.

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