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BearKat Enterprises is a company that Sammy BearKat started in his garage. In order to get started, Sammy sold stock to his friends at SHSU

BearKat Enterprises is a company that Sammy BearKat started in his garage. In order to get started, Sammy sold stock to his friends at SHSU for $10 a share. When he did this, in which market was he participating?

A. Private equity

B. IPO

C. Primary market

D. Secondary market

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