Which of the Following Transactions Would Not Be Considered a Secondary

question 70

Multiple Choice

Which of the following transactions would not be considered a secondary market transaction?

• A) An individual investor purchases some existing shares of stock in Apple through her broker.
• B) An institutional investor sells some Disney stock through its broker.
• C) A firm that was privately held engages in an offering of stock to the public.
• D) All of the above are secondary market transactions.

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