Question
Please help me answer and give feedback. 1. When discussing the primary market, what is the first type of security that comes to mind? If
Please help me answer and give feedback.
1. When discussing the primary market, what is the first type of security that comes to mind? If you are thinking IPOs, you are correct. As you know, an IPO is a way for a firm to raise funds by selling portions of ownership in their firm to the public through a special bank called an investment banker institution. With this information we can deduce that the primary market is where securities are created including IPOs. Now, what else is issued through the primary markets? Or, are there other securities sold through this marketplace?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started