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When Ann sells her 50 shares of Microsoft common stock at the same time that Jack purchases 50 shares of Microsoft stock, which of the
When Ann sells her 50 shares of Microsoft common stock at the same time that Jack purchases 50 shares of Microsoft stock, which of the following is true: this occurs in the primary market; Microsoft receives the dollar value of the transaction, less brokerage fees. this occurs in the secondary market; Microsoft receives nothing. this occurs in the secondary market; Microsoft receives only the par value of the common stock. 0 None of the above
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