A purchase of a new issue of stock takes place

a. in the secondary market.
b. in the primary market.
c. usually with the assistance of an investment banker.
d. A and B. e. B and C.

The sale of new stocks or shares takes place in the primary market.Companies normally sell their shares to the public for the first time by through an initial public offer(IPO).This is aided by employing the services of an investment banker to review the IPO and create the necessary prospectus.In other words, an investment banker is connects both the buyer and seller

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A purchase of a new issue of stock takes place a. in the secondary market. b. in the primary market. c. usually with the assistance of an investment banker. d. A and B. e. B and C.

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A purchase of a new issue of stock takes place

a. in the secondary market.
b. in the primary market.
c. usually with the assistance of an investment banker.
d. A and B. e. B and C.