If an investor were to sell 100 shares of Microsoft - 4568

Solution Posted by
UoPExpert

UoPExpert

Rating : (2)F
Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Wed 28 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

If an investor were to sell 100 shares of Microsoft stock to another investor in the securities market, this would be referred to as what type of transaction?

a.A primary market transaction

b.A secondary market transaction

c.A money market transaction

d.A futures market transaction

The secondary market is the market for “confirmed” shares. The market is populated by companies that have been listed for a long time.

 
Solution Description

If an investor were to sell 100 shares of Microsoft stock to another investor in the securities market, this would be referred to as what type of transaction?