Which of the following is a secondary market transaction?

You sell 200 shares of IBM stock in the open market.

You buy 200 shares of IBM stock from your brother.

IBM issues 2 million shares of new stock to the public.

Statements A and B are correct.

All of the statements above are correct.

Which of the following statements is most correct?

Money markets are markets for long-term debt and common stocks.

Primary markets are markets where existing securities are traded among investors.

Stock market is a secondary market.

Statements A and B are correct.

Statements B and C are correct.