1- The Security Markets LEARNING OBJECTIVE: Identify the different types of market transactions. A small start-up...

Transcribed Image Text:

1- The Security Markets LEARNING OBJECTIVE: Identify the different types of market transactions. A small start-up company that develops vaccines is seeking funding to expand and become a major competitor in the biotech industry. To do so, they register and issue shares of stock to be sold on an exchange for the first time. What type of market transaction is taking place? a.) Share buyback b.) Private placement c.) Secondary market offering d.) Primary market offering SUBMIT MY ANSWER 1- The Security Markets LEARNING OBJECTIVE: Identify the different types of market transactions. A small start-up company that develops vaccines is seeking funding to expand and become a major competitor in the biotech industry. To do so, they register and issue shares of stock to be sold on an exchange for the first time. What type of market transaction is taking place? a.) Share buyback b.) Private placement c.) Secondary market offering d.) Primary market offering SUBMIT MY ANSWER