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What kind of transactions is

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Problem 1: On August 19, 2004 Google IPO offered 19,605,052 shares at a price of U.S. $85 per share, which were sold in an online auction in a bid to make the shares more widely available. What kind of transactions is this?

A. IPO
B. Primary Market
C. Secondary Market
D. None of these

Reference no: EM132929174

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