Which of the following statements is correct? O Primary markets are markets where securities are resold. They provide the means for investors to sell their securities to other investors The financial markets where direct transactions take place are retail markets with a typical minimum transaction size of $1 million The role of the financial system is to gather money from people, businesses and government that have funds to Invest and to channel that money to those who need it The financial system is nothing more than a collection of financial markets O A privately held corporation that borrows from a regional commercial bank is an example of a direct market transaction