Question: please show steps and or reason for your answer for 3 and 4 3. Which of the following occur in the primary market? a. Trades

please show steps and or reason for your answer for 3 and 4

3. Which of the following occur in the primary market? a. Trades are executed on the largest exchanges (EX: NYSE, NASDAQ) b. The primary trades are in stocks alone c. New securities are placed for sale d. They are the first markets available for investment and also have the lowest cose structure 4. Which of the following best satisfies the criteria for a liquid investment? a. It can be turned into cash by selling after one month b. It can be sold immediately at an optimal price to the seller c. It can be sold immediately at market prices d. It can be sold at an optimal price to the seller

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