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2 pts Question 9 Recently, PV Inc. announced the sale of 5 million newly issued shares of its stock at a price of $51 per

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2 pts Question 9 Recently, PV Inc. announced the sale of 5 million newly issued shares of its stock at a price of $51 per share. PV sold the stock to investment bankers, who in turn sold it to individual and institutional investors. The first transaction is said to be a primary market transaction. True False

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