Question: g. If Apple Computer decided to issue additional common stock and 1y'arga purchased 100 shares of this stock from Smyth Barry, the underwriter. would this

g. If Apple Computer decided to issue additional common stock and 1y'arga purchased 100 shares of this stock from Smyth Barry, the underwriter. would this transaction be a primary or a secondary market transaction? Would it make a difference if Varga purchased previously outstanding Apple stock in the dealer market? Explain. h. What is an initial public offering UFO}? i. What does it mean for a market to be efcient? Explain why some stock prices may be more efcient than others. j. After your consultation with Michelle, she asks to discuss these two scenarios with you

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