27.

27. Which of the following statements is CORRECT? a. The NYSE does not exist as a physical location. Rather it represents a loose collection of dealers who transact in common stocks by electronic means. b. An example of a secondary market transaction would be your grandfather participating in an "Initial Public Offering" of Snapchat. c. Capital market instruments include both long-term corporate bonds and common stocks. d. If your uncle in New York sold 100 shares of Apple common stock through his broker to an investor in Los Angeles, this would be an example of a primary market transaction. e. While the two frequently perform similar functions, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise large blocks of capital from investors. 28. Which Which of the following bank account