Question
Which of the following statements is CORRECT? a. If you sold 10 shares of Netflix stock through your online brokerage account, then this would be
Which of the following statements is CORRECT?
a. If you sold 10 shares of Netflix stock through your online brokerage account, then this would be a primary market transaction.
b. The NYSE does not exist as a physical location. Rather it represents a loose collection of dealers who trade stock electronically.
c. Capital market instruments include short-term, highly liquid debt securities.
d. An example of a primary market transaction would be your uncle transferring 100 shares of Walmart stock to you as a birthday gift.
e. While the two frequently perform similar functions, commercial banks generally specialize in lending money, whereas investment banks generally help companies raise large blocks of capital from investors.
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