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v> Read the excerpt given below and then answer the questions, which follow. Excerpt from: Khambata, F. and Khambata D., (1988), Emerging Capital Markets: A

v> Read the excerpt given below and then answer the questions, which follow.

Excerpt from: Khambata, F. and Khambata D., (1988), "Emerging Capital Markets: A

Case Study of Equity Markets In Pakistan" Asia Pacific Journal of Management Vol. 6,

No. 1: 67-90.

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