| Module 01 Written Assignment - Markets & Securities |
| For each item below, select the correct answer from the dropdown box in column C. | Primary Market | Money Market Securities |
| Secondary Market | Capital Market Securities |
| 1. Classify the following transactions as taking place in either the primary or secondary market: |
| a. | IBM issues $200 million of new common stock. |
| b. | The New Company issues $50 million of common stock in an IPO. |
| c. | IBM sells $5 million of GM preferred stock out of its marketable securities portfolio. |
| d. | The Magellan Fund buys $100 million of previously issued IBM bonds. |
| e. | Prudential Insurance Co. sells $10 million of GM common stock. |
| 2. Classify the following financial instruments as money market securities or capital market securities: |
| a. | Bankers Acceptances |
| b. | Commercial Paper |
| c. | Common Stock |
| d. | Corporate Bonds |
| e. | Mortgages |
| f. | Negotiable Certificates of Deposit |
| g. | Repurchase Agreements |
| h. | U.S. Treasury Bills |
| i. | U.S. Treasury Notes |
| j. | Federal Funds |