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QUESTION

Facebook issued about 420 million shares of stock during its IPO in 2012. In which of the following markets did this transaction occur?

Facebook issued about 420 million shares of stock during its IPO in 2012. In which of the following markets did this transaction occur?

i Primary market

ii Capital market

iiiFutures market

iv Public market

A. i only B. ii and iv C. i and iv D. i, ii, and iii E. i, ii, and iv

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