【单选题】(I) The primary issuers of capital market securities are federal and local governments, and corporations. (II) Governments never issue stock because they cannot sell ownership claims.
【单选题】Which of the following statements about financial markets and securities are true?
A.
Many common stocks are traded over-the-counter, although the largest corporations usually have their shares traded at organized stock exchanges such as the New York Stock Exchange.
B.
As a corporation gets a share of the broker’s commission, a corporation acquires new funds whenever its securities are sold.
C.
Because of their short terms to maturity, the prices of money market instruments tend not to fluctuate wildly.
【单选题】Which of the following statements about financial markets and securities are true?
A.
Most common stocks are traded over-the-counter, although the largest corporations have their shares traded at organized stock exchanges such as the New York Stock Exchange.
B.
A corporation acquires new funds only when its securities are sold in the primary market.
C.
Money market securities are usually more widely traded than longer-term securities and so tend to be more liquid.