16. Which of the following statements is CORRECT? a. If you purchase 100 shares

Question

16. Which of the following statements is CORRECT? a. If you purchase 100 shares of Disney stock from your friend, 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 the derivatives markets. e. Money market transactions involve debt securities with maturities of less than one year.

Explanation / Answer

d. Only institutions, and not individuals, can engage in the derivatives markets

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