The main item traded on a stock exchange market is
ECONOMICS
WAEC 2015
The main item traded on a stock exchange market is
- A. treasury bills
- B. travellers cheque
- C. foreign currencies
- D. new shares
Correct Answer: D. new shares
Explanation
In financial markets, a share is a unit used as mutual funds, limited partnerships, and real estate investment trusts. The owner of shares in the corporation/company is a shareholder of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder
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