Fin 534 midterm exam part 1 & 2 (latest)
Part 1 1. Which of the following statements is CORRECT?The New York Stock Exchange is an auction market with a physical location.Capital market transactions involve only the purchase and sale of equity securities, i.e., common stocks.If an investor sells shares of stock through a broker, then this would be a primary market transaction.Consumer automobile loans are evidenced by legal documents called “promissory notes,” and these […]