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In the text, the authors have broken the financial markets into money markets and capital markets. a) Briefly define each of these markets in terms

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In the text, the authors have broken the financial markets into money markets and capital markets. a) Briefly define each of these markets in terms of securities that they trade and give one example of each. (4 marks) b) Toronto Stock Exchange (TSX) is a part of which of these markets. (1 mark) c) Is the TSX a primary market? Please briefly explain your answer. (1 mark)

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