Split primary from secondary market
Exercise and reference answers
- Left
- Primary market
- Items
- Item
- New IPO shares
- Answer
- Primary market
- Item
- Investor resale
- Answer
- Secondary market
- Item
- Trade on the NYSE
- Answer
- Secondary market
- Item
- Issuer gets cash
- Answer
- Primary market
- Item
- First bond issue
- Answer
- Primary market
- Item
- Dealer market deal
- Answer
- Secondary market
- Right
- Secondary market
- Instructions
- Swipe left if the issuer is raising the money, right if investors are trading among themselves.
Explanation
_Source: OpenStax Introduction to Business, section 16.6 Securities Markets_