Please answer 4-6

4. Finance companies raise funds in the money markets primarily by selling: (Points : 3) commercial paper federal funds negotiable certificates of deposit O bankers' acceptances 5. The Fed can lower the federal funds rate by: (Points: 3) O selling securities, thereby adding reserves O selling securities, thereby lowering reserves buying securities, thereby adding reserves O buying securities, thereby lowering reserves the Fed doesn't need to do any of these-the fed funds rate is an administered rate 6. Which of the following are secondary markets? (Points :3) the New York Stock Exchange O NASDAQ e) the U.S. government bond market O none of the above (a), (b), and (c) are all secondary markets 7. Which statement does not describe banker's acceptances? (Points : 3) It is an order to pay a specified amount of money to the bearer on a given date. It is a relatively new money market security, having developed only in the late 1970s, but l