Multiple Choice
(I) The primary issuers of capital market securities are federal and local governments,and corporations.
(II) Governments never issue stock because they cannot sell ownership claims.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
Correct Answer:
Verified
Correct Answer:
Verified
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