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Describe if the following transactions are primary or secondary market transactions. Clearly explain your answers. IBM issue $200 million of new common stock. The New

Describe if the following transactions are primary or secondary market transactions. Clearly explain your answers.

IBM issue $200 million of new common stock.

The New Company issues $50 million of common stock through an IPO.

Google sells $200 million of GM stock that it invested in 2010.

You buy 500 shares of Facebook through your broker.

The Vanguard mutual fund company buys 2 million shares of GE from the open market.

Microsoft issues $500 million of long-term bonds.

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