问题
单项选择题
Different type of capital markets have different functions. Which of the following describes the most direct function of: primary capital markets secondary capital markets（）
A. Source of liquidity Security underwriting
B. Source of new capital Source of liquidity
C. Source of new capital Security underwriting
答案
参考答案：B
解析：
New issues of securities, which provide initial and/or additional capital for governmental units and corporations, are underwritten and sold in the primary market; secondary capital markets provide liquidity to the owners of existing securities.