The primary market is used by firms to raise funds and is a market where newly issued securities are traded.

Name: The primary market is used by firms to raise funds and is a market where newly issued securities are traded.
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Quizplus · Accepted Answer

The primary market is indeed where firms issue new securities to raise funds directly from investors, marking the first sale of stocks, bonds, or other financial instruments.

The Primary Market Is Used by Firms to Raise Funds