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7. The initial public offerings, or iPOs Select one: a are handled primarily through commercial banks b. always result in immediate wealth for the executives

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7. The initial public offerings, or iPOs Select one: a are handled primarily through commercial banks b. always result in immediate wealth for the executives of the company who have divested most of their ownership through the offering c represent a very risky subdivision of the general stock market d. all of the above 8. Which of the following is a physical exchange? Select one: a. Nasdaq b. S&P 500 cNYSE d. all of the above 10. Which of the following is an example of a derivative? Select one: a. a stock b. a bond c. a stock option d.gold 11. Financial intermediaries are associated with Select one: a investment banks. b. direct transfers. cindirect transfers d only money market transactions e bando 12. Transfers made through a financial intermediary are considered Select one: a. direct transfers b. indirect transfers c intermediate transfers d. none of the above 17. Investment banks Select one: a. help companies issue new securities b. are part of the transfer of funds from investors to companies generally line up buyers for new securities before they're issued d. all of the above

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