Financial markets across economies involve various kinds of participants and trade various types of assets and securities$.$ It is important to understand the kinds of markets in which financial transactions take place.

You are preparing to take an exam in your finance class, and you've been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:

Description of Transaction

Type of Market

A student sells his old computer at a computer hardware store and gets $$150$ for it$.$ He uses this cash to buy computer accessories.

Description of Transaction

Type of Market

An investor buys $$10,000$ worth of gold at a certain price today.

Spot markets

s

Description of Transaction

Type of Market

Long$-$term mortgage$-$backed securities are traded between investors and issuers.

Description of Transaction

Type of Market

US banks raise additional capital by issuing new stocks and bonds to repay the money they received from the government during the $2008$ financial crisis.

A corn processor in Nebraska has decided to purchase a futures contract for corn. The contract will increase in value if the price of corn rises, thereby offsetting the processors' increased costs$/$decreased net income. In this example, the corn processor is