A developed money market plays an important role in the financial system of a country by supplying

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A developed money market plays an important role in the financial system of a country by supplying long-term funds adequately and quickly to trade and industry. Explain

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: Feb 15, 2024 01:27 AM

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A developed money market plays an important role in the financial system of a country by supplying

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Expert Answer:

It appears there may be a misunderstanding in your statement Money markets typically do not supply longterm funds instead they primarily deal with shortterm debt securities and instruments However I c... View the full answer

Foundations of Financial Management

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