Answer the following statements true (T) or false (F)
1. NASDAQ is considered an OTC market since it is not recognized by the SEC as a "listed exchange."
2. In the OTC market, the ask price is the highest price offered by a dealer to purchase a given security.
3. In the Eurobond market, corporations and governments typically issue bonds denominated in dollars and sell them to investors located outside the United States.
4. Capital markets are for investors who want a safe temporary place to deposit funds where they can earn interest and for borrowers who have a short-term need for funds.
5. Money markets are markets for long-term funds such as bonds and equity.
1. FALSE
2. FALSE
3. TRUE
4. FALSE
5. FALSE
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