Question

Classify the market in which each of the following financialtransactions takes place as:
(a) money versus capital; (b) primary versus secondary; (c) openversus negotiated; and (d) spot versus futures/forward.

a. A three-year auto loan from a bank.
b. A share of Google stock bought at it initial public offering(IPO).
c. A six-month CD purchased from your local credit union.
d. A contract for the delivery of hog bellies six months fromtoday.
e. A municipal bond purchased from a broker.