Choose the incorrect statement about Primary Market
1
Primary market is a key component of access to capital markets, a place where new securities are issued and sold for the first time by a company.
2
It is also called as New Issue Market (NIM)
3
IPO is a method of selling securities in the primary market.
4
Primary Market is the stock market and involves securities traded on exchanges
5
New securities are created and sold in the primary market to investors.