Question

What does the secondary market deal with?

a.

Initial public offerings

b.

Purchase and sale of loans between mortgage banks and investors

c.

Further capital issues by listed companies

d.

Online-based transactions

Answer: (b).Purchase and sale of loans between mortgage banks and investors Explanation:The secondary market deals with the purchase and sale of previously issued stocks, securities, and financial instruments, including the purchase and sale of loans between mortgage banks and investors.

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