Which of the Following Transactions Takes Place in Secondary Markets

question 16

Multiple Choice

Which of the following transactions takes place in secondary markets?

• A)New stock sold in an initial public offering.
• B)Treasury securities auctioned off by the government.
• C)Stock sold by an insurance company to adjust its portfolio of assets'.
• D)Stock sold in a seasoned equity offering.
• E)None of the above.

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Definitions:

Disney World

A famous American theme park and resort located in Florida, known for its attractions, characters, and entertainment facilities.

Profit-Sharing Plan

A plan that allows employees to receive a portion of a company's profits, based on its earnings over a set period.

Production Workers

Employees involved directly in the manufacturing of goods or products.

Investments Paying

Refers to earnings from assets or securities, typically in the form of interest, dividends, or profits.