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Give an example of one well-known needs theory. Be sure to identify the needs described by that theory.
Secondary Market
A market where investors buy and sell securities or assets from other investors, rather than from the issuing company directly.
Previously Issued
Refers to securities or stocks that have been issued in the past and are currently being traded in secondary markets.
Mortgage Pass-Through Securities
Investment products that pool mortgage loans and pass the principal and interest payments from borrowers to investors periodically.
Mortgage Portfolio
A collection of mortgage loans held by a financial institution or investor.
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