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Question
In the ______ market, prices are determined and decided by the management of the company.
Options
Primary
Secondary
Money
Stock
MCQ
Fill in the Blanks
Solution
Primary
Explanation:
When securities are originally issued in the primary market, such as an Initial Public Offering (IPO), the issuing business and its management choose and fix the prices. In contrast, prices in the secondary market are decided by market forces such as supply and demand.
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