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QUESTION 16 In which of the following situations 1 and 2 the transaction is on primary/seconadary market: 1. An investor buys existing shares of Apple

QUESTION 16
In which of the following situations 1 and 2 the transaction is on primary/seconadary market:
1. An investor buys existing shares of Apple stock in the open market. Is this a primary or secondary market transaction?
2. Costa Cafe decides to issue additional stock with the assistance of an underwritter. An investor purchases some of the newly issued shares. Is this a primary market transaction or a secondary market transaction?
A.
In both situations, transactions are in the primary market.
B.
Since new shares of stock are being issued in situation 2, this is a secondary market transaction, while situation 1 is in the primary market.
C.
situation 1 is a transaction in the primary market, while situation 2 is a transaction in the secondary market.
D.
Transaction in situation 1 is in the secondary market, while the transaction of situation 2 is in the primary market.
E.
In both situations, transactions are in the secondary market.
QUESTION 16
In which of the following situations 1 and 2 the transaction is on primary/seconadary market:
1. An investor buys existing shares of Apple stock in the open market. Is this a primary or secondary market transaction?
2. Costa Cafe decides to issue additional stock with the assistance of an underwritter. An investor purchases some of the newly issued shares. Is this a primary market transaction or a secondary market transaction?
A.
In both situations, transactions are in the primary market.
B.
Since new shares of stock are being issued in situation 2, this is a secondary market transaction, while situation 1 is in the primary market.
C.
situation 1 is a transaction in the primary market, while situation 2 is a transaction in the secondary market.
D.
Transaction in situation 1 is in the secondary market, while the transaction of situation 2 is in the primary market.
E.
In both situations, transactions are in the secondary market.
please please anwser both:)))

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