A document describing a new security issue and the issuing company is called a(n) _____.

Select one:

a. prospectus statement

b. registration statement

c. underwriting statement

d. abridged statement

e. shelf statement

If you wanted to purchase previously issued shares of stock from another investor, you would trade in the _____.

Select one:

a. debt market

b. primary market

c. secondary market

d. derivatives market

e. IPO market