which of the following statements is correct? the new york stock exchange is an auction market, and it has a…

which of the following statements is correct? the new york stock exchange is an auction market, and it has a physical location. home mortgage loans are traded in the money market. if an investor sells shares of stock through a broker, then it would be a primary market transaction. capital markets deal only with common stocks and other equity securities. while the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.
Answer
Brief Explanations:
- The New York Stock Exchange (NYSE) is an auction - type market with a physical location on Wall Street in New York City.
- Home mortgage loans are long - term and are traded in the capital market, not the money market.
- Selling shares through a broker is a secondary market transaction, not a primary market one.
- Capital markets deal with both debt and equity securities, not just equity.
- Investment banks generally help companies raise capital, while commercial banks specialize in lending money.
Answer:
The New York Stock Exchange is an auction market, and it has a physical location.