Which one of the following transactions occurred in the primary market? O Telstra Inc. sold 1000 shares of newly issued stock to Mike. O Gene purchased 300 shares of Telstra stock from Ted. O Maria gave 100 shares of Telstra stock to her best friend. O The president of Trecco Inc. sold 500 shares of Trecco stock to her son.
Which one of the following transactions occurred in the primary market? O Telstra Inc. sold 1000 shares of newly issued stock to Mike. O Gene purchased 300 shares of Telstra stock from Ted. O Maria gave 100 shares of Telstra stock to her best friend. O The president of Trecco Inc. sold 500 shares of Trecco stock to her son.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
A 163.
Subject:- finance
Transcribed Image Text:Which one of the following transactions occurred in the primary market?
O Telstra Inc. sold 1000 shares of newly issued stock to Mike.
O Gene purchased 300 shares of Telstra stock from Ted.
O Maria gave 100 shares of Telstra stock to her best friend.
O The president of Trecco Inc. sold 500 shares of Trecco stock to her son.
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