Question

The transaction that John sold 100 shares of Dell stock on the New York Stock Exchange Multiple Choice took place in the primary market occurred in a dealer market was facilitated in the secondary market involved a proxy was a private placement

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Answer #1
Solution:
Answer is 3rd option " Was facilitated in the secondary market"
Working Notes:
In primary market first time issue of stock is sold.
In Dealer market , sell purchase of stock is done by stock broker.
In secondary market, stock are sold second time by stock holder. In our case stock sold by john is in secondary market or also can only sold in secondary market.
Under security lending scheme , involved proxy Which is not given case for John.
In private placement , stock are sell purchase at large quantity not in 100 shares
Please feel free to ask if anything about above solution in comment section of the question.
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