Which of the Following Is True of Secondary Securities

question 87

Multiple Choice

Which of the following is true of secondary securities?

• A)They include equities, bonds, and other debt claims.
• B)They are backed by the real assets of corporations issuing them.
• C)They are securities that back primary securities.
• D)They are securities issued by FIs.
• E)They must be placed in a separate account on order for primary securities to be offered.

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Definitions:

Evaluate

To establish or assess the worth or quantity of; evaluate.

Calculate

To calculate the quantity or count of an item using mathematical methods.

Simplify

To make something less complex or easier to understand, often used in the context of reducing mathematical expressions.

Expression

In mathematics, a combination of symbols that jointly express a quantity or can define an equation.