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Eieio Eieio
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2 years ago
Which one of the following statements concerning the primary market is correct?

▸ A transaction in the primary market is between two private stockholders.

▸ The first public sale of a company's stock in the primary market is called a seasoned new issue.

▸ The first public sale of a company's stock is called an IPO.

▸ A rights offering is a direct sale of stock to an institution that participates in the primary market.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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alpha987alpha987
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2 years ago
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