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Which of the following statements is correct? Firms raise long-term capital in the money market. In futures markets, prices are decided today but delivery takes
Which of the following statements is correct?
Firms raise long-term capital in the money market. |
In futures markets, prices are decided today but delivery takes place in the weeks or months ahead. |
Firms raise capital in the commodities market. |
Firms raise capital in the secondary market. |
An initial public offering is an example of a secondary market transaction. |
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