In the __________ Market, Existing Assets Are Exchanged Between Investors

question 77

Multiple Choice

In the __________ market, existing assets are exchanged between investors, while in the ___________ market, participants buy their assets directly from the source of the asset.

• A)primary; secondary
• B)secondary; primary
• C)tertiary; primary
• D)primary; OTC
• E)prime; subprime

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Definitions:

Depreciation Rate

The depreciation rate is the percentage rate at which an asset is depreciated across its useful life, determining how much of its value is expensed each year.