INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-An IPO is be sold in the [primary | secondary] market many times.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-An IPO is be sold in the [primary | secondary] market many times.

Quizplus · Accepted Answer

An IPO (Initial Public Offering) is the first time a company's stock is offered to the public, so it is sold in the primary market. The secondary market refers to the trading of already issued stocks among investors.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which