Please classify the following financial transactions as to whether they fit in (a) the money market or the capital market; (b) the primary or secondary market; (c) the open or negotiated market; and (d) the spot or futures/forward market. (Note: The transactions below may fit in more than one of the above categories of markets. Be sure to include all the appropriate types of markets that each transaction fits.)
a. You visit a local bank today and secure a three-year loan to finance the purchase of a new car and some furniture.
b. You purchase a new U.S. Treasury bill through the Federal Reserve bank in a neighboring city for delivery today.
c. Responding to a rise in the price of Texaco common stock, you have just purchased 100 shares of that company's stock through a phone call to your broker who is linked to a major stock exchange.

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The Answer of Please classify the following financial transactions as to whether they fit in (a) the money market or the capital market; (b) the primary or secondary market; (c) the open or negotiated market; and (d) the spot or futures/forward market. (Note: The transactions below may fit in more than one of the above categories of markets. Be sure to include all the appropriate types of markets that each transaction fits.)
a. You visit a local bank today and secure a three-year loan to finance the purchase of a new car and some furniture.
b. You purchase a new U.S. Treasury bill through the Federal Reserve bank in a neighboring city for delivery today.
c. Responding to a rise in the price of Texaco common stock, you have just purchased 100 shares of that company's stock through a phone call to your broker who is linked to a major stock exchange.

Please Classify the Following Financial Transactions as to Whether They