Recently,Hale Corporation Announced the Sale of 2

Multiple Choice

Recently,Hale Corporation announced the sale of 2.5 million newly issued shares of its stock at a price of $21 per share.Hale sold the stock to an investment banker,which in turn sold it to individual and institutional investors.Where did this stock sale take place?

A) over-the-counter market
B) secondary market
C) forex market
D) primary market