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Which of the following statements is incorrect? Group of answer choices The nominal rate of interest is composed of two parts: (1) the real rate of interest and (2) the expected rate of inflation. The secondary markets are not well known to the general public because they are wholesale markets and the sales take place outside of the public view. Examples of real assets are plant and equipment. Brokers are market specialists who do not bear the risk of owning securities. All the answers are correct except one..

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Which of the following statements is incorrect? Group of answer choices The nominal rate of interest is composed of two parts: (1) the real rate of interest and (2) the expected rate of inflation. The secondary markets are not well known to the general public because they are wholesale markets and the sales take place outside of the public view. Examples of real assets are plant and equipment. Brokers are market specialists who do not bear the risk of owning securities. All the answers are correct except one.

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