Primary Market: Identify whether the following transactions are primary market or secondary market…

Primary Market: Identify whether the following transactions are primary market or secondary market transactions.

a. Jim Hendry bought 300 shares of IBM through his brokerage account.

b. Peggy Jones bought $5,000 of IBM bonds from the firm.

c. Hathaway Insurance Company bought 500,000 shares of Trigen Corp. when the company issued stock.

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