Newly issued securities are sold to investors in which one of the following markets? A. ProxyB. InsideC. SecondaryD. Primary

Question

Rigoberto

Business

13 May, 01:59

Newly issued securities are sold to investors in which one of the following markets? A. ProxyB. InsideC. SecondaryD. Primary

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Answers (1)

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Brewster · Answer 1

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market.

The primary market id responsible for issuing the securities for the exchange of the company, or other groups.

The primary market are run by the underwriting groups which includes the investment banks.

Hence, from the information of the question, the correct term is (d.) Primary market.