A corporation acquires new funds only when its securities are sold
A. in the secondary market by an investment bank.
B. in the primary market by an investment bank.
C. in the secondary market by a stock exchange broker.
D. in the secondary market by a commercial bank.
Answer:B
A corporation acquires new funds only when its securities are sold
A. in the secondary market by an investment bank. B. in the primary market by an investment bank. C. in the secondary market by a stock exchange broker. D. in the secondary market by a commercial bank.