If you take out a car loan from a bank, the loan is 29 Multiple Choice 2.94 points O a liability to you and an asset to the bank. O a liability to both you and the bank. a liability to the bank and an asset to you. an asset to both you and the bank. Corporations acquire new funds when their stocks are sold 31 Multiple Choice 94 ints O in money markets. O in secondary markets. by financial intermediaries through mutual funds. O O in primary markets. B and D If municipal bonds lost their tax exempt status, 33 Multiple Choice 2.94 points you would expect their interest rate to increase you would expect their interest rate to decrease you would expect their interest rate to remain the same you would expect savers to find them more desirable Which of the following statements is correct? 34 Multiple Choice 2.98 points Secondary markets exist for all securities The existence of a secondary market decreases the liquidity of a security There is a well-developed secondary market for Treasury Bills The development of a secondary market makes it easier to sell that security in the primary market C and D