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Which of the Following Represents a Secondary Market Transaction

Question 17

Multiple Choice

Which of the following represents a secondary market transaction?


A) An investor buys Treasury bills in the regular Monday auction.
B) An investor buys 300 shares of Electromed (ELMD) at its IPO offer price of $4.00 a share.
C) An investor sells her shares of Sunvalley Solar, Inc. (SSOL) , which sells on the OTC Bulletin Board for $0.059 a share.
D) A home buyer obtains a mortgage through his savings and loan.

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