When Corporations Need to Raise Funds Through Stock Issues,they Rely

question 53

Multiple Choice

When corporations need to raise funds through stock issues,they rely on the:

• A) primary market.
• B) secondary market.
• C) tertiary market.
• D) centralized NASDAQ exchange.

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian investment vehicle that allows for tax-deferred savings towards retirement.

Contributions

Money that individuals or entities provide towards a common pool or fund, often for purposes like retirement savings plans or investment funds.

Ordinary Annuity

Equivalent monetary exchanges concluded after each sequential era over a predetermined course.

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal sum each month.