Question: (1) explain the difference between Direct Finance and Indirect finance (ii)Explain the difference between primary and secondary market (iii)How manytypes of secondary markets exist? Is

(1) explain the difference between Direct Finance and Indirect finance

(ii)Explain the difference between primary and secondary market

(iii)How manytypes of secondary markets exist? Is OTC is primary or a secondary market? include a short note on NASDAQ

(iiii) Explain the following terms: (a)Asymmetry of information, (b) Adverse selection and (c) Moral Hazard

(iv) Given an example of a Euro-bond

(v) What is "Venture Capital"? What is the importance of this finance today in creating technological advantage for a country over other countries(Optional Question)?

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