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Which of the following statements is NOT correct? New investors purchase stocks from existing investors in the secondary market. The effective price paid or received
Which of the following statements is NOT correct?
New investors purchase stocks from existing investors in the secondary market.
The effective price paid or received for a stock includes items such as bidask spread and brok
Firms sell their newlyissued stocks to investors in the secondary market.
The effective price paid or received for a stock increases the cost incurred by a buyer.
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