Which of the following statements is correct?

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O a. The NYSE does not exist as a physical location; rather it represents a loose collection of dealers who trade stock electronically.

O b.

Capital market instruments include long-term debt and common stock

O c. Purchasing a money market instrument is an example of an investment maturing after a year

O d. An example of a primary market transaction is buying 100 shares of Wal-Mart stock from your uncle.