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Which of the following statements is CORRECT?a. The New York Stock Exchange is an auction market with a physical location.b. Consumer automobile loans are traded in the money market.c. If an investor sells shares of stock through a broker, then it would be a primary market transaction.d. Capital market transactions involve only the purchase and sale of equity securities.e. While the distinctions are blurring, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise capital from other parties.
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