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e) Classify the following transactions as either: (i) Primary or secondary market (ii) Money or capital market (iii) Wholesale or retail market, and (iv) Direct

e) Classify the following transactions as either:

(i) Primary or secondary market

(ii) Money or capital market

(iii) Wholesale or retail market, and

(iv) Direct or indirect market.

Transaction 1: You open a new savings account with ING Bank and deposits $2 000.

Transaction 2: An investor purchases $200 000 worth of ZIP Pay (Z1P) shares on the ASX through the stockbroker.

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