16.6k views
3 votes
In what type of market transaction does the issuing corporation receive cash proceeds?​​​​

User JoeBobs
by
4.0k points

1 Answer

2 votes

Answer:

In the primary market, companies issue new shares to investors in exchange for cash. The proceeds from such an offering are used to fund the business, make acquisitions.

Step-by-step explanation:

User CovertIII
by
4.9k points