Question

In what type of Market translation does the issuing corporation receive cash proceeds?
1) Prime Market only.
2) secondary market only.
3) only on private transactions.
4) both Prime and secondary markets​

Answer 1

only on private transactions , option 3

Answer 2

Secondary Market

Explanation:

Secondary Market

• A secondary market is a platform wherein the shares of companies are traded among investors.
• It means that investors can freely buy and sell shares without the intervention of the issuing company.
• Financial intermediaries including non-banking financial companies, insurance companies, banks and mutual funds.