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​Which of the Following Statements Is CORRECT

Question 27

Multiple Choice

​Which of the following statements is CORRECT?


A) ​If you purchase 100 shares of Disney stock from your brother-in-law,this is an example of a primary market transaction.
B) ​If Disney issues additional shares of common stock through an investment banker,this would be a secondary market transaction.
C) ​The NYSE is an example of an over-the-counter market.
D) ​Only institutions,and not individuals,can engage in derivative market transactions.
E) ​As they are generally defined,money market transactions involve debt securities with maturities of less than one year.

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