General Motors raises money by selling a new issue of common stock.This transaction occurs in

Question

Quizplus · Accepted Answer

The capital market is where new securities are issued, such as stocks and bonds, to raise funds for companies. The secondary market is where already issued securities are bought and sold by investors. The money market is where short-term debt securities are traded, and the futures market is where contracts for future delivery of securities or commodities are traded. Therefore, the best choice for this transaction is B, the capital market.

General Motors Raises Money by Selling a New Issue of Common