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QUESTION

i) Distinguish between intermediated and market finance using illustrative examples.

ii) Differentiate between the main characteristics of Debt and Equity.

iii) Discuss the importance of a secondary market in terms of liquidity and valuation of new issues of shares.

iv) How are securities traded on Auction as compared to Dealers market?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9585815

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