A market in which an investor purchases financial securities from the issuer of those securities using an investment bank or other representative is called the ________ market.

Question

Quizplus · Accepted Answer

The correct answer is E) primary. In the primary market, investors buy securities directly from the issuer, typically through an initial public offering (IPO) or private placement, often with the assistance of investment banks or other financial intermediaries.

A Market in Which an Investor Purchases Financial Securities from the Issuer