QUESTION 12 A bond may sell O a) at par value. b) below par value. O c) above par value. O d) any of the above. QUESTION 14 The securities markets could be broken down into 2 parts in many ways: for example, we can separate it as the market and the market; when referring to investment horizons; or the market and the market; when making the difference between newly issued securities available for the first time and previously issued securities. a) Bull, Asian, Money, Capital. b) Stock, Money, Issue, falling. O c) Money, Capital, Primary, Secondary. d) American, African, Asian, European