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WINSTONCH [101]
3 years ago
5

Although you were not fortunate enough to get Chipper's Golf Resort stock [ticker symbol: CHPR] as an IPO, you are still thinkin

g about trying to add some to your portfolio. Last week when you mentioned it to your broker, he said that there are plenty of shares trading on ____________, but, he wanted to send you the company's financial disclosures provided in the ______ before you finalize your decision.
A.the secondary market; prospectus
B. the NASDAQ; regulatory agreement
C. the OTC; regulatory agreement
D. the primary market; prospectus
Business
1 answer:
Sever21 [200]3 years ago
5 0

Answer:

The answer is: A) the secondary market; prospectus

Explanation:

Secondary market refers to the stock exchange where investors buy and sell securities that they already possess. The secondary market is what most people think about when they refer to a stock market. A primary market only sells stocks that are being issued for the first time, like an IPO.

The prospectus of a company is a legal document provided by public companies or mutual funds that include information about the company's strategies, financial statements and top management's background.

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