Financial Markets and Institutions 1 Is an initial public offering an example of a primary or secondary market transaction Explain 2 Indicate whether the following instruments are examples of money market or capital market securities. a.U.S.Treasury bills b.Long-term corporate bonds cCommon stocks d.Preferred stocks eDealer commercial paper 3 What would happen to the U.S.standard of living if people lost faith in the safety of the financial institutions?Explain.