Question: 4. Classify the following transactions as taking place in the primary or secondary markets: (3 points in total) a) TSB Fund buys $20 million of
4. Classify the following transactions as taking place in the primary or secondary markets: ( 3 points in total) a) TSB Fund buys $20 million of previously issued IBM's stocks: b) Amazon sells $10 million of Alibaba common stocks. c) The U.S. government sells $800 million of Treasury bonds. d) Facebook Snaps issues 388 million of common stock in an IPO, c) BestBuy issues 250 million of new common stocks f) IBM buys back $30 billion of its own stocks 5. Indicate whether the following instruments are examples of money market or capital market securities ( 3 points in total) a. U.S. Treasury bills; b. Long-term corporate bonds; c. Common stocks; d. preferred stocks: c. Repurchase agreements e. Commercial paper
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