27. Capital market instruments are generally

a. More liquid than money market instruments.

b. Less liquid than money market instruments.

c. More preferred by investors than money market instruments.

d. Issued with shorter maturity dates than money market instruments.

28. When a company issues shares of stocks it is

a. Adding to the company's debts.

b. Investors in the stocks are extending loans to the company.

c. Issuing shares of ownership in the company.

d. It is borrowing money from commercial banks.

29. A stocks is also

a. A debt instrument.

b. A money market security.

c. A commercial paper.

d. An equity security.

CHOOSE A ANSWER FOR EACH QUESTION