Question: [Question 1] A. Discuss three (3) main differences between the money market and the capital market. B. Explain four (4) roles of the stock market.
[Question 1] A. Discuss three (3) main differences between the money market and the capital market. B. Explain four (4) roles of the stock market.
Question 2 A. Distinguish between primary and secondary markets. B. Explain the three (3) methods used to raise capital in the primary markets. C. Describe how Financial Markets are organized in relation to Maturity of Securities. D. Define speculation and explain its role in the determination of stock prices.
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