State whether the following statements are True or False.1. A Financia

1.	State whether the following statements are True or False.1. A Financial Market is a market in which people trade financial securities and derivatives at high transaction costs.2. The money market is the market for long-term funds.3. The capital market is the market for long-term funds.4. The primary market is also known as the new issue market.5. The secondary market is commonly known as the stock market.6. Commercial paper is a secured promissory note.7. Treasury bills are issued by commercial banks.
Answer» 1. False 2. False 3. True 4. True 5. True 6. False 7. False

State whether the following statements are True or False.1. A Financial Market is a market in which people trade financial securities and derivatives at high transaction costs.2. The money market is the market for long-term funds.3. The capital market is the market for long-term funds.4. The primary market is also known as the new issue market.5. The secondary market is commonly known as the stock market.6. Commercial paper is a secured promissory note.7. Treasury bills are issued by commercial banks.

Answer»

1. False

2. False

3. True

4. True

5. True

6. False

7. False