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    Fundamentals of Corporate Finance Study Set 16
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    Exam 2: The Financial System and the Level of Interest Rates
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    The Financial Market Where a New Security Is Sold for the First
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The Financial Market Where a New Security Is Sold for the First

Question 37

Question 37

Multiple Choice

The financial market where a new security is sold for the first time is:


A) a primary market.
B) a secondary market.
C) an indirect market.
D) none of the above.

Correct Answer:

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