The market for newly issued securities and initial public offerings (IPOs)is the
A)initial market.
B)open market.
C)primary market.
D)secondary market.

Question

Quizplus · Accepted Answer

The primary market is the market where new securities and IPOs are issued for the first time. This market is also known as the new issue market or the initial public offering (IPO) market. This is different from the secondary market, which is where securities that have already been issued are bought and sold among investors. Therefore, choice C, primary market, is the best choice for this question.

The Market for Newly Issued Securities and Initial Public Offerings