A financial asset is considered a security if
A) the owner of the security receives dividends and realizes a capital gain when the asset is sold.
B) its value increases after it is sold in a primary market.
C) it can be sold in a secondary market.
D) its value is secure; that is, the owner will not suffer a financial loss when the asset is sold.
C
You might also like to view...
In a business cycle, the date at which a recession starts is called a trough
Indicate whether the statement is true or false
Which of the following four firms would most likely be part of a perfectly competitive market?
A) Village Pizza sells NY style pizza and hard-to-find microbrews in a college town. B) The WaveHouse is the only place in San Diego where you can ride an indoor 10 foot wave. C) Mark sells the tomatoes he grew in his backyard at the local farmers market. D) Amara Massage specializes in pre- and post-natal massage.