Financial Markets and Institution - 99783

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Price: $22.00
  • From: Business, Business
  • Posted on: Wed 14 Nov, 2018
  • Request id: # 79804
  • Purchased: 0 time(s)
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Financial Markets and Institution Financial Markets and Institution Categorize each of the following transactions as taking place in either the primary or secondary market: Supercorp issues $180 million of new common stock.primary because it is new and being introduced for the first time HiTech, Inc. issues $30 million of common stock in an IPO.primary because IPO’s are where companies sell their stock for the very first time Megaorg sells $10 million of HiTech preferred stock from its marketable securities portfolio.-Secondary because portfolios are already established and primary is for first time selling on the market The XYA Fund buys $220 million of previously issued Supercorp bonds.secondary because the secondary market is where investors trade previously issued securities without the issuing company being involved A.