Which of the following transactions take place in the primary markets? 1 Facebook sells 70 million shares of its Class A common stock in a seasoned equity offering. 2 Fidelity Investments sells 7.5 million shares of Snap from its portfolio. 3 Auburn university issues $220 million of revenue bonds for the purpose of financing University capital improvements on Auburns main campus 4 Michael Scott buys 100 shares of Apple common stock through his broker. Group of answer choices

A. 1,2, and 3

B. 1 and 3

C. 2 and 3

D. 1,2,3 and 4