An Important Function of Secondary Markets Is to

question 73

Multiple Choice

An important function of secondary markets is to

• A)make it easier to sell financial instruments to raise funds.
• B)raise funds for corporations through the sale of securities.
• C)make it easier for governments to raise taxes.
• D)create a market for newly constructed houses.

---

Definitions:

Security Service

A service offered by professionals to protect individuals, businesses, and properties from harm or theft.

Number Expressed

A specific value presented in numerical form.

Thousandths

A decimal place three places to the right of the decimal point, representing parts of a thousand.

Number Expressed

A way of representing a quantity or value in terms of digits or symbols.