The market for newly issued stock by firms that were private is normally called

Question

Quizplus · Accepted Answer

The term used in the question, "newly issued stock," refers to the process of a private firm going public through an initial public offering (IPO). Therefore, the market for these newly issued stocks is known as the initial public offering market (choice C). The seasoned equity market (choice A) is where already public companies issue additional shares. The over-the-counter market (choice B) refers to a market for stocks that are not listed on major exchanges. The secondary market (choice D) refers to the market for trading existing shares of publicly traded companies. The stock market (choice E) is a general term that could apply to any of the other options or other markets that involve trading shares of stock.

The Market for Newly Issued Stock by Firms That Were