Which of the following statements is CORRECT?

a. Financial Management decisions have to be made taking into account what is available on the Financial Markets.

b. Only firms in the mature stage have access to the capital market.

c. If an investor sells shares of stock through a broker, then it would be a primary market transaction.

d. Capital markets deal only with common stocks and other equity securities.

e. A six-month bank loan is considered to be a capital market instrument.