New issues of securities are sold in the ________ market(s).
A)primary
B)secondary
C)over the counter
D)primary and secondary
E)A and C.

Question

Quizplus · Accepted Answer

New issues of securities are sold in the primary market, where they are first offered to investors for purchase. Secondary markets are where previously issued securities are bought and sold. Over the counter (OTC) refers to how securities are traded, not where they are sold, and can be traded in both primary and secondary markets.

New Issues of Securities Are Sold in the ________ Market(s)