Business, 09.01.2021 14:00 abbygailgo674
Which of the following statements is true about secondary markets?
A. A buyer may incur search costs and find a seller on their own through a direct search.
B. A broker may bring buyers and sellers together, charging a commission.
C. A dealer may sell and buy securities using his inventory, therefore reducing search costs. The dealer's return is the bid-ask spread.
D. An auction market allocates the selling shares to the highest bidder.
Answers: 1
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Which of the following statements is true about secondary markets?
A. A buyer may incur search cost...
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