Question

A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary markets. in the secondary market. usually with the assistance of an investment banker. in the primary market and usually with the assistance of an investment banker.

Answer 1

in the primary market and usually with the assistance of an investment banker.

Step-by-step explanation:

Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.

Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.

Primary markets are also called new issues market