Need help with question 20

JIZ ON CHAPTER 1: FINANCIAL MARKETS OVERVIEW rahi Mojica submitted Aug 25 at 9:20pm Incorrect Question 20 IBM creates and sells additional stock to the investment banker Morgan Stanley. Morgan Stanley then resells the issue to the U.S. public through its mutual funds. Morgan Stanley is acting as a(n) derivatives trader. foreign service representa ye. asset broker. asset transformer. government regulator. Question 21 Which of the following financial instruments are riskier? Money market instruemtns Capital market instruments Money market instruments are characterized by