Which statement(s) is false:

a.

Capital market securities include municipal bonds, preferred stock, and options.

b.

Capital market participants include individuals, mortgage companies, and the US government.

c.

The sole purpose of financial intermediaries is to provide a secondary market for investors and lenders.

d.

Capital market securities are useful for long term investments, tend to have a greater default risk, and a greater rate of return for the investor.

e.

all of the above are true

Which statement(s) is false:

	a.	Capital market securities include municipal bonds, preferred stock, and options.
	b.	Capital market participants include individuals, mortgage companies, and the US government.
	c.	The sole purpose of financial intermediaries is to provide a secondary market for investors and lenders.
	d.	Capital market securities are useful for long term investments, tend to have a greater default risk, and a greater rate of return for the investor.
	e.	all of the above are true