Which of the following statements is (are) true about shares? (There may be more than one correct answer. You will lose marks by choosing a wrong answer. The minimum mark for the question is zero.) Select one or more:

a. Secondary market transactions in Australia mostly take place over the counter. b. Companies can raise capital in secondary markets by issuing new shares. c. An active secondary market for shares makes raising new capital less expensive for firms. d. None of the statements are true. e. Direct search markets provide the best price information. f. Shares are certificates of ownership of a corporation.