Homework SourseWhich of the following statements about the market for commo
Which of the following statements about the market for common stock is most correct?
| A | In a secondary market transaction, the corporation whose stock is sold receives one-half the proceeds of the sale. |
Solution
Common stock is is one of the mostr important part of capital. Common stock shows proportionate ownership in company. Initial Public offering is process when a corporation sells shares to the general public for the first time. this transaction is done in primary market.
Option (B) is correct answer.
