Ina Vestor has a brokerage account with one of the remaining large investment firms. This morning her broker called asking if she is interested in participating in an IPO. He went on to say that he could get her 200 shares for $23/share. If Ina agrees to buy the IPO, the trade will take place in the _____________.
A) fair trade market
B) Boston market
C) primary market
D) secondary market
Correct Answer:
Verified
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