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What is incorrect about the capital markets? a. In capital markets, long-term debt or equity securities are bought and sold. b. Historically, we experience a

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What is incorrect about the capital markets? a. In capital markets, long-term debt or equity securities are bought and sold. b. Historically, we experience a crisis every 8-10 years. c. All securities earn the same amount of return. d. They channel the wealth of savers to those who can put it to long-term productive use (firms). A

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