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which of the following is correct? a. if Apple issues additional shares of common stock through an investment banker, this would be a primary market

which of the following is correct?

a. if Apple issues additional shares of common stock through an investment banker, this would be a primary market transaction.

b. If you purchased 100 shares of Apple stock from your sister-in-law, this would be an example of a primary market transaction.

c. the IPO market is a subset of the secondary market.

d. Only institutions, and not individuals , can participate in a secondary market transaction.

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