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Business, 17.01.2020 19:31 dedrickkk

Classify the following transactions as taking place in the primary or secondary markets:

a. imb issues $200 million of new common stock.

b. the new company issues $50 million of common stock in ipo.

c. ibm sells $5 million of gm preferred stock out of its marketable securities portfolio.

d. the magellan fund buys $100 million of previously issused ibm bonds.

e. prudential insurance company sells sells $10 millim of gm common stock.

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Classify the following transactions as taking place in the primary or secondary markets:
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