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(I) the Market for New Issues of Stock Is Called

Question 287

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(I) The market for new issues of stock is called the primary market. (II) The New York Stock Exchange is an example of a secondary market in which previously issued shares are traded between investors.


A) I is true; II is false.
B) I is false; II is true.
C) Both I and II are true.
D) Both I and II are false.

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