Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple  choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet.
Each question is worth 2 marks.

Which of the following statements are correct?
(1) Capital market securities are assets for the seller but liabilities for the buyer
(2) Financial markets can be classified into exchange and over-the-counter markets
(3) A secondary market is where securities are bought and sold by investors
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3

Answer:

C

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