Which of the following statements is CORRECT? a. Capital markets deal only with
ID: 2806652 • Letter: W
Question
Which of the following statements is CORRECT? a. Capital markets deal only with common stocks and other equity securities. b. The New York Stock Exchange is an auction market, and it has a physical location. c. Home mortgage loans are traded in the money market. d. If an investor sells shares of stock through a broker, then it would be a primary market transaction. e. While the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.
Explanation / Answer
Option B is correct (The New York Stock Exchange is an auction market, and it has a physical location.)