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a corporation acquires new funds only when its securities are sold in the a secondar 637782

1) A corporation acquires new funds only when its securities are sold in the

A) secondary market by an investment bank.

B) primary market by an investment bank.

C) secondary market by a stock exchange broker.

D) secondary market by a commercial bank.

2) An important function of secondary markets is to

A) make it easier to sell financial instruments to raise funds.

B) raise funds for corporations through the sale of securities.

C) make it easier for governments to raise taxes.

D) create a market for newly constructed houses.

3) Secondary markets make financial instruments more

A) solid.

B) vapid.

C) liquid.

D) risky.

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