Which of the following is an example of a primary market transaction?
A) Exco Resources (XCO) sells a new issue of 7.5%, 8-year notes.
B) Ms. Talker calls her broker and places a market order to sell shares of AT&T (T) on the NYSE.
C) Mr. Safe purchases a Treasury bill with two weeks remaining to maturity.
D) Mr. Green places an order to buy shares of Sunvalley Solar, Inc. (SSOL) , a stock selling on the OTC Bulletin Board.
Correct Answer:
Verified
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A)an electronic communication network (ECN).
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