If Michelle wanted to purchase newly issued stock from a new computer company, she would purchase this in a
A)primary market.
B)secondary market.
C)money market.
D)CD market.

Question

Quizplus · Accepted Answer

Newly issued stock is purchased in the primary market, where the company is raising capital by selling its stock for the first time. The secondary market is where previously issued securities are bought and sold among investors. The money market is a market for short-term, low-risk debt securities, and the CD market is a market for certificates of deposit, which are a type of time deposit offered by banks.

If Michelle Wanted to Purchase Newly Issued Stock from a New