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Which one of the following transactions occurs in the primary market? Group of answer choices Repurchase of GHI stock from Tim by GHI Tax-free gift

Which one of the following transactions occurs in the primary market?

Group of answer choices

Repurchase of GHI stock from Tim by GHI

Tax-free gift of DEF stock to Heather by Jennifer

Sale of ABC stock by Fred Jones to Mary Smith

Initial sale of JKL stock by JKL to Jamie

Transfer of MNO stock from Tom to his son, Jon

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