Which of the following statements is CORRECT?

Question

Quizplus · Accepted Answer

Capital market instruments include both long-term debt (such as bonds) and equity securities (such as common stocks). This statement is true. A) is false because the NYSE does have a physical location, although much of the trading is done electronically. B) is an example of a secondary market transaction, not a primary market transaction. D) is false because it is a secondary market transaction. E) is not entirely accurate, as investment banks can also help companies raise capital from investors, while commercial banks can also lend money.

Which of the Following Statements Is CORRECT