Primary and secondary markets __________________.

Function independently

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Complement each other

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Compete with each other

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Control each other

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Solution

The correct option is B Complement each other
Primary and secondary markets complement each other. Primary market deals with the issue of new securities. On the other hand, secondary market deals in the purchase and sale of the existing securities. That is, once the securities are issued in primary market, they are then traded in the secondary market.

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