When an investor sells previously issued shares to another investor on an exchange, this transaction occurs in the:

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ASecondary market
BPrimary market
CIssuer market
DNew issue market

✓ Correct answer: A. Secondary market The secondary market is where investors trade outstanding securities among themselves. The issuing company does not receive proceeds from these trades.

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When an investor sells previously issued shares to another investor on an exchange, this transaction occurs in the:

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