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TEST BANK FOR FINANCIAL MARKETS AND INSTITUTIONS, 8TH EDITION BY ANTHONY SAUNDERS, MARCIA CORNET, ALL CHAPTERS 1-25 || COMPLETE NEWEST VERSION.
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- TEST BANK FOR FINANCIAL MARKETS AND INSTITUTIONS, 8TH EDITION BY ANTHONY SAUNDERS, MARCIA CORNET, ALL CHAPTERS 1-25 || COMPLETE NEWEST VERSION. 
1. Primary markets are markets where users of funds raise cash by selling 
securities to funds’ suppliers. 
TRUE 
2. Secondary markets are markets used by corporations to raise cash by issuing 
securities for a short time period. 
FALSE 
3. In a private placement, the issuer typically sells the entire issue to one, or only 
a few, institutional buyers...
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