Question on: JAMB Economics - 2002
The stock exchange is a market for the buying and selling of?
A
monetary instruments
B
new shares
C
existing shares
D
treasury bills
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Correct Option: C
The stock exchange is primarily a market for existing shares of publicly listed companies. While new shares are initially issued on the primary market, the stock exchange (secondary market) facilitates the trading of shares that have already been issued.
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