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Which of the following transactions occurs in the primary market? A mutual fund receives your $10,000 investment and uses it to purchase $10,000 worth of

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Which of the following transactions occurs in the primary market? A mutual fund receives your $10,000 investment and uses it to purchase $10,000 worth of Apple shares on the NASDAQ 80 shares of newly issued stock are sold to the generat public by Apple. 100 shares of Apple stock are purchased by one financial institution from another The deal is set up by an investment banker Your sbling sells 20 shares of Apple stock to you. The trade is not performed through a broker all you do is pay cash in exchange for the stock. Through your broket, your sell 40 shares of Apple stock on the NASDAO

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