When new securities are sold by a firm,it is termed a:
A)primary market transaction.
B)secondary market transaction.
C)OTC market transaction.
D)Open market operations.

Question

Quizplus · Accepted Answer

Primary market transactions refer to the issuance of new securities by a firm, while secondary market transactions involve the buying and selling of already-existing securities. OTC market transactions occur outside of organized stock exchanges, and open market operations are a monetary policy tool used by central banks to manipulate interest rates.

When New Securities Are Sold by a Firm,it Is Termed