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Which of the following is NOT a characteristic of Japanese capital markets A. Cross shareholdings (mutual shareholding) B. Shareholder perks C. Vertical keiretsu such as

Which of the following is NOT a characteristic of Japanese capital markets A. Cross shareholdings (mutual shareholding) B. Shareholder perks C. Vertical keiretsu such as the Panasonic group D. Main banks E. Large and active corporate bond market

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