QUESTION ONE $[20$ Marks$]$ a$.$ Explain financial markets. $(4$ Marks$)$ b$.$ Discuss four $(4)$ strategies for accessing financial markets. $(16$ Marks$)$ QUESTION TWO $[20$ Marks$]$ Discuss five $(5)$ services that are provided by investment banks in the process of underwriting. QUESTION THREE $[20$ Marks$]$ A young entrepreneur is considering to use venture capital financing. Required: Elaborate to the young entrepreneur the three$-$staged cyclical venture capital process. QUESTION FOUR $[20$ Marks$]$ Discuss five $(5)$ functions of financial intermediaries. QUESTION FIVE $[20$ Marks$]$ Discuss three $(3)$ main approaches a new company can use to float its first issue to the public. THE END