The market for newly issued securities and initial public offerings (IPOs) is the ________ market.

Question

Question 26 options:

initial

original

primary

secondary
Question 27 (2 points)
Institutional investors are professionals employed by a financial institution, who invest their own money earned from their jobs.
Question 27 options:

True

False

Answer 1

For Question 26, the correct answer is: primary.

For Question 27, the answer is: False. (Institutional investors typically manage money on behalf of their clients or the financial institution, rather than investing their own personal money.)