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WAEC Commerce 2020 Question 29

Question 29

Stock Exchange

The financial market where existing shares and bonds are bought and sold is the

  1. A.forex market.
  2. B.stock market.
  3. C.money market.
  4. D.commodity market.
Show the answer and explanation

Answer: B (stock market.)

Explanation

Existing (second-hand) shares and bonds are traded on the stock market.