A corporation acquires new funds only when its securities are sold in the( ) 1) secondary market by an investment bank 2) primary market by a stock exchange broker 3) secondary market by a securities dealer 4) secondary market by a commercial bank 5) primary market by securities commission in the capacity of having a legal authority 6) none of the answers are correct

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 9QFR
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A corporation acquires new funds only when its securities are sold in the( ) 1) secondary market by an investment bank 2) primary market by a stock exchange broker 3) secondary market by a securities dealer 4) secondary market by a commercial bank 5) primary market by securities commission in the capacity of having a legal authority 6) none of the answers are correct
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