Classify the following transactions as taking place in the primary or secondary markets: Ford Motor sells $15 million of GM preferred stock out of its marketable securities portfolio. The X-factors New Company issues $100 million of common stock in an IPO. The Magellan Fund buys $100 million of previously issued IBM bonds. GM issues $200 million of new common stock. What are the main factors that determine the nominal interest rate on a bond? Compare the three explanations for the shape of the yield curve. What is a forward interest rate? If one year interest rate is 3% and 2 year interest rate is 3.5%, what is the 1-year forward rate between year 1 and year 2