The secondary market is best defined as the market:
A) in which subordinated shares are issued and resold.
B) conducted solely by brokers.
C) dominated by dealers.
D) where outstanding shares of stock are resold.
E) where warrants are offered and sold.

Respuesta :

Answer:

The correct option is D

Explanation:

Secondary market is the market or the place where the investors sell and buy the shares or securities which they already own. In this market, the investors exchange with each other instead of with the issuing entity and the outstanding shares of securities  of the stock are being resold.

The national exchanges like the NYSE (stands for New York Stock Exchange) and the NASDAQ are the secondary markets.