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Which of the following statements is not true of secondary markets? a. The sale of securities is made in the secondary market by way of
Which of the following statements is not true of secondary markets?
a. The sale of securities is made in the secondary market by way of a new issue
b. The secondary market prices are continually changing as investors buy and sell securities
c. After securities are sold to the public, they are traded in the secondary market between investors
d. In the secondary market, financial managers are given feedback about their firm's performance
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