Question

In what type of market transaction does the issuing corporation receive cash proceeds? ​

Answer 1

Answer:

In the primary market, companies issue new shares to investors in exchange for cash. The proceeds from such an offering are used to fund the business, make acquisitions.

Answer 2

Answer:

In the primary market, companies issue new shares to investors in exchange for cash. The proceeds from such an offering are used to fund the business, make acquisitions.

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