A Yard Sale Would Be an Example of a ___________

question 91

Multiple Choice

A yard sale would be an example of a ___________ market.

• A) Third
• B) Primary
• C) Initial
• D) Secondary
• E) OTC

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Definitions:

Risky Securities

Financial instruments carrying a higher potential for loss, often offering greater potential returns to compensate for the increased risk.

Portfolio Variance

A measure of the dispersion of returns of a portfolio, calculated as the weighted average of the covariance of each asset in the portfolio.

Coefficient of Correlation

A statistical measure that indicates the degree to which two variables move in relation to each other, ranging from -1 to 1.