Question: Choose the one statement that most correctly describes categorization schemes of the financial markets. The length of the financial contract is the distinguishing criterion when
Choose the one statement that most correctly describes categorization schemes of the financial markets.
The length of the financial contract is the distinguishing criterion when categorizing markets as either credit market or equity market.
The money market includes financial securities repayable within one year.
The primary market includes stocks and bonds sold by one investor to another investor.
The equity markel includes trade credit, notes, and bonds that stipulate specific payments andor interest.
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