Distinguish between a primary and a secondary capital market and discuss the role played by these markets

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Distinguish between a primary and a secondary capital market and discuss the role played by these markets in corporate finance. What are the desirable features of primary and secondary capital markets?

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Corporate Finance Principles and Practice

ISBN: 978-1292103037

7th edition

Authors: Denzil Watson, Antony Head

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Question Posted: Apr 14, 2017 12:00 PM

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Distinguish between a primary and a secondary capital market and discuss the role played by these markets

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The capital markets are markets for trade in longterm negotiable financial securities or instruments ...View the full answer

Corporate Finance Principles and Practice

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