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The Futures Markets can be defined as: a. Markets in which corporations raise capital by issuing new securities b. Markets in which securities and other

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The Futures Markets can be defined as: a. Markets in which corporations raise capital by issuing new securities b. Markets in which securities and other financial assets are traded among investors after they have been issued by corporations c. The financial markets for stocks and for intermediate- or long term debt (one year or longer) d. The financial markets in which funds are borrowed or loaned for short periods (less than one year) e. The markets in which participants agree today to buy or sell an asset at some future date In a Direct Transfer of Capital: a. The User and the "Saver know each other, or work directly together b. The "Saver" ends up with the securities of the User O c. The Investment Intermediary is paid a fee d. The Financial Intermediary ends up with the securities of the User O e. Answers a. and b. are correct The New York Stock Exchange is an example of each of the following types of markets, except: a. Spot Market O b. Capital Market O c. Primary Market d. Public Market e. Financial Asset Market The Money Markets can be defined as: a. Markets in which corporations raise capital by issuing new securities b. Markets in which securities and other financial assets are traded among investors after they have been issued by corporations c. The financial markets for stocks and for intermediate- or long term debt (one year or longer) d. The financial markets in which funds are borrowed or loaned for short periods (less than one year) e. The markets in which participants agree today to buy or sell an asset at some future date

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