Question

Which column describes the Secondary Market (as this term is used in Chapter 1) for US...

Which column describes the Secondary Market (as this term is used in Chapter 1) for US stock?

New Stock Issued

Trading Volume of Existing Stock

1990

$23.90

$1,750.00

1991

$75.90

$2,175.00

1992

$101.80

$2,600.00

1993

$130.80

$3,575.00

1994

$76.90

$3,875.00

1995

$97.10

$5,425.00

1996

$151.90

$7,250.00

1997

$153.40

$10,125.00

1998

$152.70

$12,975.00

1999

$191.70

$19,800.00

2000

$204.50

$31,200.00

2001

$169.70

$21,600.00

2002

$154.00

$17,425.00

2003

$156.30

$16,625.00

2004

$202.70

$20,175.00

2005

$190.40

$23,900.00

2006

$190.50

$28,700.00

2007

$247.50

$36,700.00

2008

$242.61

$35,525.00

2009

$264.17

$28,289.63

2010

$261.65

$31,078.91

2011

$198.38

$32,766.80

2012

$281.77

$31,297.20

2013

$300.65

$32,226.04

2014

$311.40

$44,668.59



All Columns

New Stock Issued

None of the columns

Trading Volume of Existing Stock

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Answer #1

Trading volume of existing stock describes the secondary market.

Secondary market is the market where already issued shares are traded. When a security is issued for the first time, it is known as primary market. When existing stock is traded, it is secondary market

Hence, the answer is trading volume of existing stock.

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