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2. Primary markets, secondary markets, and their roles Which of the following are key roles of financial markets? Check all that apply. Facilitating the exchange

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2. Primary markets, secondary markets, and their roles Which of the following are key roles of financial markets? Check all that apply. Facilitating the exchange of currencies between market participants in the foreign exchange market Serving as a mechanism for surplus units to purchase securities from deficit units Reducing the liquidity of securities Facilitating the trading of existing securities In the following table, indicate whether each transaction is traded in a primary or secondary financial market: Primary Market Secondary Market Transaction In 2019, Bristol-Myers issued $19 billion in bonds to help fund its acquisition of Celgene Corp. Dropbox, Inc., filed its initial public offering worth $756 million in March of 2018. oooo You sell your savings bonds to an investor willing to pay 8% more than you originally paid. You hire a broker to purchase 100 shares of Amazon for you on the NASDAQ exchange

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