Samantha Has a Brokerage Account with a Large Investment Firm

Multiple Choice

Samantha has a brokerage account with a large investment firm. This morning her broker called asking if she is interested in participating in an IPO. He went on to say that he could get her 300 shares for $33/share. If Samantha agrees to buy the IPO, the trade will take place in the

A) fair trade market.
B) outer market.
C) primary market.
D) secondary market.