1. How does a primary market differ from a secondary market? Where are most securities traded: in the primary or the secondary market? 2. What is the difference between the broker and dealer markets? 3. Explain the difference between a bull market and a bear market. Discuss the frequency with which returns as bad as those during 2007-2009 occur. How would you characterize the current state of the stock market? 4. Name and describe three basic types of orders. 5. Briefly describe the DJIA, S&P 400, S&P 500, NASDAQ Composite, Russell 2000, and Dow Jones Wilshire 5000 indexes. Which segments of the market does each measure track