5. Classify the market in which each of the following financial transactions takes place as:

(a) money versus capital;

(b) primary versus secondary;

(c) open versus negotiated; and

(d) spot versus futures/forward.

a. A three-year auto loan from a bank.

b. A share of Google stock bought at its initial public offering (IPO).

c. A six-month CD purchased from your local credit union.

d. A contract for the delivery of hog bellies six months from today.

e. A municipal bond purchased from a broker.