alleryNew securities are sold to the public for the first time in the:
APartner market
BPrimary market
CPrivate market
DPassive market
Answer & Solution
Correct answer: B. Primary market
1. The issuer receives the money here.
2. Later trading happens elsewhere.
3. It is the primary market.
_Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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