Which of the Following Is True of a Financial Market

question 8

Multiple Choice

Which of the following is true of a financial market?

• A)Only new securities can be traded in a financial market.
• B)Some financial markets are local.
• C)All financial markets have a central physical location.
• D)All financial markets are secondary markets.

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Definitions:

Spot Price

The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.

Silver Spot Price

The current market price at which silver can be bought or sold for immediate delivery.

Silver Future

A standardized, exchange-traded contract to buy or sell a specific amount of silver at a future date and price.

Loss

The reduction in value experienced by an investment or business operation when expenses exceed revenues.