Answered

If a corporation that has been in business for many years (for example IBM) wants to raise funds by issuing new common stock, its stock will be sold in the ____ market.

Answer :

Answer:

primary market

Explanation:

Primary market -

Primary market is the part of the capital market .

It refers to the market , which is responsible to issue new and fresh securities , is referred to as the primary market .

It deals with the sale of equity-backed securities and issuance directly to the issuers .

Hence , from the given information of the question ,

The correct answer is primary market .

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