Which of the following statements is CORRECT? A. Capital market instruments include both mortgages and U.S. Treasury bonds. B. An example of a primary market transaction would be your uncle...

A. Capital market instruments include both mortgages and U.S. Treasury bonds.

B. An example of a primary market transaction would be your uncle transferring 100 shares of Wal-Mart stock to you as a birthday gift.

C. The NYSE does not exist as a physical location. Rather it represents a loose collection of dealers who trade stock electronically.

D. While the two frequently perform similar functions, investment banks generally specialize in lending money, whereas commercial banks generally help companies raise large blocks of capital from investors.