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What are the primary financial markets?

Updated: 8/17/2019
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14y ago

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facilitate the creation of financial assets know as securitie that can be sold into the economy. if a buiness wants to raise funds it can either borrow money by issuing debt securities or expand the ownership of company by selling new shares. in a primary market, the money received from investors goes directly to the company. The sale of a new set of westpac shares to the public is an example of primaray market transactions

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