Type of financial markets in which corporations issues new funds to raise funds is classified as?
5 views
1 Answers
Answer: Option 2
Type of financial markets in which corporations issues new funds to raise funds is classified as primary markets. The primary market is where securities are created. It's in this market that firms sell (float) new stocks and bonds to the public for the first time. An initial public offering, or IPO, is an example of a primary market.
5 views
Answered