Question

In: Finance

Larry Co is selling clothing to retailers. What type of market would Larry Co be a...

Larry Co is selling clothing to retailers. What type of market would Larry Co be a part of?

a

Financial asset market

b

Physical asset market

c

Spot market

d

Primary market

Solutions

Expert Solution

Option b

Financial asset market deals with financial assets like shares.

Physical asset market contains of trading in physical assets like clothes.

Spot market is the market in which securities are traded for immediate delivery.

Primary market is the market in which securities are created for the first time.


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