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Question 7 10 pts 7. An investment bank O a. buys claims of one type and sells claims on itself of another type b. constructs
Question 7 10 pts 7. An investment bank O a. buys claims of one type and sells claims on itself of another type b. constructs large portfolios and sells mutual fund shares to individual investors c. provides advice, underwriting, and distribution for companies needing to raise funds O d. both a and Question 8 10 pts 8. The NASDAQ is an example of a(n) O a physical location exchange b. money market c. electronic dealer market O d. all of the above e. b and c only
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