Which of the following would NOT be considered a secondary market transaction?

Select one:

a. A buy order to a broker for a stock listed on a regional exchange.

b. A buy order to an investment banker for a new IPO stock offering.

c. A buy order to a broker for shares of stock in a company on NYSE.

d. A buy order to a dealer for outstanding bonds of a company trading OTC.

e. A buy order to a broker for shares of stock in a company on NASDAQ.

2-

An account paying annual compound interest was opened with OMR2,000 10 years ago. Today, the account balance is OMR3,500. If the same interest rate is offered on an account paying simple interest, how much income would be earned each year over the same time period?

Select one:

a. OMR115.20

b. OMR 80.40

c. OMR 56.90

d. OMR150.00

e. OMR 92.60