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Which of the following represents a secondary market transaction? a. You purchase 1,000 shares of...

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Finance

Which of the following represents a secondary market transaction?

a. You purchase 1,000 shares of General Electric stock directly from Ge.

b. Suzzette buys an IBM bond from her aunt.

c. To raise interest rates, the Federal Revenue sells U.S. Treasury bonds to investors.

d. An investor buys stock from an investment banker that is an initial public offering (IPO).

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