Which of the following statements is CORRECT?

Group of answer choices

The most important difference between spot markets versus futures markets is the maturity of the instruments that are traded. Spot market transactions involve securities that have maturities of less than one year whereas futures markets transactions involve securities with maturities greater than one year.

Capital market instruments include both long$-$term debt and common stocks.

If General Electric were to issue new stock this year, this would be considered a secondary market transaction since the company already has stock outstanding.

Money market transactions do not involve securities denominated in currencies other than the U$.$S$.$ dollar.

While the two frequently perform similar functions, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise large blocks of capital from investors.