Question # 2: Which of the following statements is CORRECT? a. If Apple issues additional shares of common stock through an investment banker, this would be a secondary market transaction. b. If you purchased 100 shares of Apple stock from your sister-in-law, this would be an example of a primary market transaction. c. The IPO market is an example of a primary market. d. None of the above.
Question # 2: Which of the following statements is CORRECT? a. If Apple issues additional shares of common stock through an investment banker, this would be a secondary market transaction. b. If you purchased 100 shares of Apple stock from your sister-in-law, this would be an example of a primary market transaction. c. The IPO market is an example of a primary market. d. None of the above.
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter11: Determining The Cost Of Capital
Section: Chapter Questions
Problem 4MC
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Question # 2:
Which of the following statements is CORRECT?
a. |
If Apple issues additional shares of common stock through an investment banker, this would be a secondary market transaction. |
b. |
If you purchased 100 shares of Apple stock from your sister-in-law, this would be an example of a primary market transaction. |
c. |
The IPO market is an example of a primary market. |
d. |
None of the above.
|
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