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The following statements about the secondary market are true except: O There is a transfer of ownership and a settlement of value for that transfer.

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The following statements about the secondary market are true except: O There is a transfer of ownership and a settlement of value for that transfer. O The existence of a well-developed secondary market is of great significance to a corporation that may be seeking to raise new equity finance in the future. O Corporations normally seek to raise additional equity in order to expand the business through the secondary market because there are thousands of buyers and sellers of new securities. O All of the given answers

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