Business Studies, asked by Shivi01, 7 months ago

who determines the prices of securities to be issued fresh in the primary market?

Answers

Answered by adityakadam38951

0

Answer:

Investors typically pay less for securitieson the primary market than on the secondary market. For example, company ABCWXYZ Inc. hires five underwriting firms to determine the financial details of its IPO. The underwriters detail that the issue priceof the stock will be $15.

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