Multiple Choice
Which of the following transactions would not be considered a secondary market transaction?
A) An individual investor purchases some existing shares of stock in IBM through his broker.
B) An institutional investor sells some Disney stock through its broker.
C) A firm that was privately held engages in an offering of stock to the public.
D) All of the above are secondary market transactions.
Correct Answer:
Verified
Correct Answer:
Verified
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