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In the primary market when an investment bank raises funds for a corporate client as in an IPO the money raised goes to the a.

In the primary market when an investment bank raises funds for a

corporate client as in an IPO the money raised goes to the

a. The corporation hiring the services of the investment bank.

b. The investment bank itself.

c. Stock brokers and traders in the secondary market.

d. Investors (buyers) of stocks in the secondary market.

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