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    Financial Institutions Instruments and Markets
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    Exam 1: A Modern Financial System: An Overview
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    Secondary Markets
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Secondary Markets

Question 18

Question 18

Multiple Choice

Secondary markets:


A) allow borrowers to raise long-term funds.
B) facilitate capital-raising in the primary market.
C) do not raise new funds but offer liquidity.
D) all of the given answers.

Correct Answer:

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