Negotiable deposit certificate are traded in
A. secondary markets
B. primary markets
C. direct markets
D. indirect markets
Answer: Option A
Solution (By Examveda Team)
Negotiable deposit certificate are traded in secondary markets. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.This Question Belongs to Management >> International Finance And Treasury
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