Question
If a company issues 3,000,000 shares of new stock and sells them to the public through an investment banker, then this is an example of
If a company issues 3,000,000 shares of new stock and sells them to the public through an investment banker, then this is an example of a :
| a. secondary market transaction in the capital market. | ||
| b. secondary market transaction in the money market. | ||
| c. primary market transaction in the capital market. | ||
| d. primary market transaction in the money market. |
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Public Finance
Authors: Harvey Rosen
6th International Edition
0071121234, 978-0071121231
