When a company issues an IPO to raise capital, shares of its stock are sold in which of the following markets?
A) institutional
B) primary
C) secondary
D) capital

Question

Quizplus · Accepted Answer

When a company issues an IPO (Initial Public Offering) to raise capital, it sells shares of its stock in the primary market. The primary market is where securities are created and sold for the first time, such as in an IPO or other new offering.

When a Company Issues an IPO to Raise Capital, Shares