5. segments and efficiency of the financial markets Aa Aa Today's financial markets can be differentiated and segmented according to a variety of characteristics, including the types and maturities of the securities traded, who receives the proceeds of the sale, and the mechanisms used to operate the markets. Consider the following transactions, and indicate which of each category of markets best describes the transaction. Thus, select equity or debt, primary or secondary, and capital or money for each transaction. Debt or Primary or Capital or Transaction Equity Market Secondary Market Money Market Acme Manufacturing, Inc. just announced the public sale of its first 250,000 shares of common stock in the over-the-counter market. Marston Manufacturing Company is selling a new issue of one-year notes. Madison calls her broker and instructs her to immediately purchase 1,000 shares of Newcastle Coal Company, which is traded on the New York Stock Exchange. Grade II Now Save SContinua