Which of the Following Statements Best Describes Financial Markets

Multiple Choice

Which of the following statements best describes financial markets?

A) If Disney issues additional shares of common stock through an investment banker, this would be a secondary market transaction.
B) The IPO market is a major part of the secondary market.
C) Only institutions, not individuals, can participate in derivatives market transactions.
D) Money market transactions involve debt securities with maturities of less than one year.