You owned 300 shares of Microsoft stock. But you just sold 100 shares this morning. Which one of the following statements best describes the stock sale transaction? This is an example of a secondary market transaction. This is an example of primary market transaction. This is an example of an exchange of physical assets. This is an example of money-market transaction.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You owned 300 shares of Microsoft stock. But you just sold 100 shares this
morning. Which one of the following statements best describes the stock sale
transaction?
This is an example of a secondary market transaction.
This is an example of primary market transaction.
This is an example of an exchange of physical assets.
This is an example of money-market transaction.
Transcribed Image Text:You owned 300 shares of Microsoft stock. But you just sold 100 shares this morning. Which one of the following statements best describes the stock sale transaction? This is an example of a secondary market transaction. This is an example of primary market transaction. This is an example of an exchange of physical assets. This is an example of money-market transaction.
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