The higher a security\"s price in the secondary market the ________ funds a firm can raise by...

1) A liquid asset is

A) an asset that can easily and quickly be sold to raise cash.

B) a share of an ocean resort.

C) difficult to resell.

D) always sold in an over-the-counter market.

2) The higher a security\"s price in the secondary market the ________ funds a firm can raise by selling securities in the ________ market.

A) more; primary

B) more; secondary

C) less; primary

D) less; secondary

3) When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called a(n)

A) exchange.

B) over-the-counter market.

C) common market.

D) barter market.