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Statements regarding primary and secondary markets is least

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Reference no: EM13849093

Which of the following statements regarding primary and secondary markets is least accurate?

A) Prevailing market prices are determined by primary market transactions and are used in pricing new issues.

B) Secondary market transactions occur between two investors and do not involve the firm that originally issued the security.

C) New issues of government securities can be sold on the primary market.

Reference no: EM13849093

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