Answered: The original sale of securities by…

The original sale of securities by governments and corporations occurs in the: Liquidation market Auction market Secondary market Primary market

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 21GI

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Question

The original sale of securities by governments and corporations occurs in the:

Liquidation market

Auction market

Secondary market

Primary market

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