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Consider the following transactions, and indicate which of each category of markets best describes the transaction. Thus, select equity or debt, primary or secondary ,
Consider the following transactions, and indicate which of each category of markets best describes the transaction. Thus, select equity or debt, primary or secondary and capital or money for each transaction.
Debt or Equity
Primary or Secondary
Capital or Money
Transaction
Market
Market
Market
Detroit Diesel Services, Inc., a publiclytraded company, sells a
new issue of twentyyear bonds.
Crystal called her broker to purchase ten of the year
bonds recently issued by the Smithsonian Institution.
Brian uses an online brokerage account to purchase shares of Yorkshire Pudding, Inc. at the current market price.
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