11. Which of the following statements is most correct?

a. If you purchase 100 shares of Disney stock from your brother-in-law, this is an example of a primary market transaction.

b. If Disney issues additional shares of common stock, this is an example of a secondary market transaction.

c. The NYSE is an example of an over-the-counter market.

d. Answers a and b are correct.

e. None of the answers above is correct.

12. Which of the following are examples of a primary market transaction?

a. A company issues new common stock.

b. A company issues new bonds.

. An investor asks his brother to purchase 1,000 shares of Microsoft common stock.

d. All of the statements above are correct.

e. Statements a and b are correct.

14. Which of the following is an important trend(s) for financial management in the new millennium?

i. Globalization of Business.

ii. Increasing use of computer technology.

iii. Decline in productivity efficiency.

iv. Profound changes in business practices

a. i and ii

b. i, ii, iii

c. i, iii

d. i, ii, iv

e. All of the above