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Which of the following is a secondary market transaction?
You sell 200 shares of IBM stock in the open market.
You buy 200 shares of IBM stock from your brother.
IBM issues 2 million shares of new stock to the public.
Statements A and B are correct.
All of the statements above are correct.
Which of the following statements is most correct?
Money markets are markets for long-term debt and common stocks.
Primary markets are markets where existing securities are traded among investors.
Stock market is a secondary market.
Statements A and B are correct.
Statements B and C are correct.
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