American_Bankers_Association
CTFA · Question #218
A 30-year bond issued by Gary's Plaid Pants Warehouse, Inc., in 1997 would now trade in the:
The correct answer is D. Secondary capital market. See the full explanation below for the reasoning.
Investment Management
Question
A 30-year bond issued by Gary's Plaid Pants Warehouse, Inc., in 1997 would now trade in the:
Options
- APrimary money market
- BSecondary money market
- CPrimary capital market
- DSecondary capital market
How the community answered
(52 responses)- A13% (7)
- B4% (2)
- C6% (3)
- D77% (40)
Topics
#secondary capital market#bond trading#primary vs secondary market#capital markets
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