Which of the following is not true of a securities exchange? Oa. It provides a marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities. O b. It is where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds other financial instruments. O c. It serves as an intermediary by channeling the savings of individuals, businesses, and governme loans or investments. d. Assisting businesses in finding long-term funding to finance capital needs