1. Contracts to sell and buy back a security at a predetermined price and date are known as
A. negotiable certificates of deposit.
B. bankers' acceptances.
C. repurchase agreements.
D. mortgage securities.
2. Funds flow from __________ to __________ in the secondary markets.
A. investors; issuing corporations
B. investors; other investors
C. issuing corporations; investors
D. All of the above.