FIN 534 RANK Imagine Your Future /fin534rank.com FIN 534 RANK Imagine Your Future /fin534rank.com | Page 45

Question 12
Which of the following statements is CORRECT?
1) The New York Stock Exchange is an auction market with a physical
location
2) Capital market transactions involve only the purchase and sale of
equity securities, i.e., common stocks
3) If an investor sells shares of stock through a broker, then this would
be a primary market transaction.
4) Consumer automobile loans are evidenced by legal documents called
"promissory notes," and these individual notes are traded in the money
market
5) Consumer automobile loans are evidenced by legal documents called
"promissory notes," and these individual notes are traded in the money
market
Question 13
Which of the following statements is CORRECT?