The basic distinction between a primary and a secondary market is that\ a) proceeds from sales in the primary market go to the current owner of a security; proceeds in secondary market go to the original owner.\ b) primary markets involve direct dealings within regional exchanges.\ C) primary markets deal exclusively in common stocks; secondary markets deal primarily in bonds.\ d) only new securities are sold in the primary market; only outstanding securities are bought and sold in the secondary market.\ e) primary markets deal exclusively in bonds; secondary markets deal primarily in common stock.

The basic distinction between a primary and a secondary market is that a) proceeds from sales in the primary market go to the current owner of a security; proceeds in secondary market go to the original owner. b) primary markets involve direct dealings within regional exchanges. C) primary markets deal exclusively in common stocks; secondary markets deal primarily in bonds. d) only new securities are sold in the primary market; only outstanding securities are bought and sold in the secondary market. e) primary markets deal exclusively in bonds; secondary markets deal primarily in common stock