2. Financial Markets and Institutions Madura 10th Edition Test BankFinancial Markets and Institutions Madura 10th Edition Test Banka. money markets.b. capital markets.c. primary markets.d. secondary markets.ANS: A PTS: 15. Funds are provided to the initial issuer of securities in thea. secondary market.b. primary market.c. deficit market.d. surplus market.ANS: B PTS: 16. Which of the following is a capital market instrument?a. a six-month CDb. a three-month Treasury billc. a ten-year bondd. an agreement for a bank to loan funds directly to a company for nine monthsANS: C PTS: 17. Which of the following is a money market security?a. Treasury noteb. municipal bondc. mortgaged. commercial paperANS: D PTS: 18. The creditors in the
2. Financial Markets and Institutions Madura 10th Edition Test BankFinancial Markets and Institutions Madura 10th Edition Test Banka. money markets.b. capital markets.c. primary markets.d. secondary markets.ANS: A PTS: 15. Funds are provided to the initial issuer of securities in thea. secondary market.b. primary market.c. deficit market.d. surplus market.ANS: B PTS: 16. Which of the following is a capital market instrument?a. a six-month CDb. a three-month Treasury billc. a ten-year bondd. an agreement for a bank to loan funds directly to a company for nine monthsANS: C PTS: 17. Which of the following is a money market security?a. Treasury noteb. municipal bondc. mortgaged. commercial paperANS: D PTS: 18. The creditors in the