A Financial Asset Is Considered a Security If

A financial asset is considered a security if

A) the owner of the security receives dividends and realizes a capital gain when the asset is sold.
B) it can be sold in a secondary market.
C) its value increases after it is sold in a primary market.
D) its value is secure; that is, the owner will not suffer a financial loss when the asset is sold.
E) the asset is not easily transferred from one party to another.

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