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Part $1$

What is the difference between the primary market and the secondary$$ market?

Question content area bottom

Part $1$

The

$$

$$

primary market

secondary market

is the sale of$$ "used" stock in that the current owner sells it to a new owner and the proceeds go to the current$$ owner, not the$$ company, while the

$$

$$

primary market

secondary market

is the market where the initial sale of common stock is made by a company and the proceeds of the sale go to the company for the newly issued stock.$($Select from the$$ drop$-$down menus.$)$