alleryStart learning →The market where brand new securities are sold is called the:
APrivate market
BPrinted market
CPrimary market
DPrime market
Answer & Solution
Correct answer: C. Primary market
1. The issuer receives the money.
2. The securities have never traded before.
3. That is the primary market.
_Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._
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