Which of the following statements is CORRECT? a. While the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties. O bill an investor sells shares of stock through a broker, then it would be a primary market transaction. O c. Capital markets deal only with common stocks and other equity Securities. O d. The New York Stock Exchange is an auction market, and it has a physical location, O e. Home mortgage loans are traded in the money market. QUESTION 2 It is time to develop a budget for marketing department activities for the next year. Your team is looking over the following costs. a. Office rent b. Sales commissions c. Promotional budget d. Product development costs e Office supplies The finance department has recently told you that you have $3,000 to spend on office supplies. You cannot go beyond this no matter what changes happen in the marketing department. Your salespeople get a flat 15% sales commission on anything they sell. With this in mind, which of these costs are variable costs? a. Promotional budget and office supplies b.Office rent, promotional budget, and office supplies Oc Sales commissions, promotional budget, and product development costs d. Office rent, sales commissions, promotional budget, product development costs, office supplies e. Sales commissions, product development costs, office supplies