In August 2004, Google first sold its common stock to the public at 85 per share and raised 1.76
billion. This is an example of
A) a secondary market transaction. B) a money-market transaction.
C) a venture capital firm transaction. D) a primary market transaction.
Question 2
Artificially low interest rates helped create the housing bubble because low interest rates (r value)
create higher values (higher PVs).
Indicate whether the statement is true or false