Question

Which column below describes the Primary Market (as this term is used in Chapter 1) for...

Which column below describes the Primary Market (as this term is used in Chapter 1) for US stock

New Stock Issued

Trading Volume of Existing Stock

1990

$23.90

$1,750.00

1991

$75.90

$2,175.00

1992

$101.80

$2,600.00

1993

$130.80

$3,575.00

1994

$76.90

$3,875.00

1995

$97.10

$5,425.00

1996

$151.90

$7,250.00

1997

$153.40

$10,125.00

1998

$152.70

$12,975.00

1999

$191.70

$19,800.00

2000

$204.50

$31,200.00

2001

$169.70

$21,600.00

2002

$154.00

$17,425.00

2003

$156.30

$16,625.00

2004

$202.70

$20,175.00

2005

$190.40

$23,900.00

2006

$190.50

$28,700.00

2007

$247.50

$36,700.00

2008

$242.61

$35,525.00

2009

$264.17

$28,289.63

2010

$261.65

$31,078.91

2011

$198.38

$32,766.80

2012

$281.77

$31,297.20

2013

$300.65

$32,226.04

2014

$311.40

$44,668.59


New Stock Issued

Trading Volume of Existing Stock

Neither Column

All Columns

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Answer #1

New stock issued describes the primary market.

When a security is issues for the first time, it is said to be traded in the primary market. When existing securities are traded, they are known to be traded in secondary market

Hence, the answer is new stock issued

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