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Classify the following transaction as to where they fit in the different type of financial market. (Note. Some transactions may fit in more than one

Classify the following transaction as to where they fit in the different type of financial market. (Note. Some transactions may fit in more than one type.)1. Responding to a rise in the price of GLO stocks, you have just purchased 100 shares of that company's stock through phone call to your broker, which is linked to a major stock exchange.2. You purchase a new T-bill for $98,000 through the CB in a neighbouring city for delivery today.3. You visit your local bank today and secure a 3 year loan

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