2. Institutional use of bond markets Use the following table to determine what type of financial institution engages in each of the given capital market activities. Activity in Capital Market Commercial banks and savings institutions Finance companies Mutual funds Brokerage firms Investment banking firms Insurance companies Pension funds Match buyers and sellers of bonds in the secondary market Use funds from the sale of shares to purchase bonds 3 Purchase bonds for their asset portfolio B D D Issue bonds as a source of long-term funds B a