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What Is Primary Versus Secondary Markets? |
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Answer» Primary markets are SECURITIES markets in which newly issued securities are offered for sale to buyers. Secondary markets are securities markets in which existing securities that have PREVIOUSLY been issued are RESOLD. The initial ISSUER raises funds only through the primary market. Primary markets are securities markets in which newly issued securities are offered for sale to buyers. Secondary markets are securities markets in which existing securities that have previously been issued are resold. The initial issuer raises funds only through the primary market. |
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