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Which of the following would describe a Primary Market? 1. Where investors trade securities. II. Proceeds flow to securities owner(s). Ill. Where firms access capital

Which of the following would describe a Primary Market? 1. Where investors trade securities. II. Proceeds flow to securities owner(s). Ill. Where firms access capital through IPOs IV. Proceeds flow to firm. Olonly 01&H and I OM and IV 0.5 pts

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