A market for existing financial securities that are currently traded among investors is called the Secondary market.
A secondary market is a market for the purchase and sale of existing securities or other assets. They differ from primary markets, where the assets were created. Generally, most investors will only trade on secondary markets.
Transactions in the secondary market are undertaken with other investors rather than the security issuer. The procedure is comparable to buying products from the classifieds or a used car from a dealership rather than the manufacturer.
Stocks and bonds purchased in a retirement plan or through a brokerage account, for example, are traded on secondary markets.
Assume you have two portfolios: one through an employee stock ownership plan and the other through a discount brokerage. The main market transaction occurs when you purchase stock directly from the corporation, like in the first plan. It is a secondary market transaction when you buy in a discount brokerage account through stock exchanges.
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Answer:
Expected value of profit=$1085
Explanation:
Given Data:
At 0.40 probability:
Loss=$24,600 (will be negative value in final calculations)
At 0.25 probability:
Profit=$11,700
At 0.16 probability:
Profit=$50,000
At 0.19 probability:
Profit=$0
Required:
Expected value of the profit=?
Solution:
Expected value of profit=0.40(-24,600)+0.25(11,700)+0.16(50,000)+0.19(0)
Expected value of profit=$1085
Answer:
Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. Governments view business organizations as a critical vehicle for social reform. ... Government actions influence the economic environment.
Explanation:
im gunna say say invest 15 dollars. i am not sure if thats what it wanted?