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You work as a Corporate Risk Analyst at JP Morgan. You clients Peter and Angela are planning to start a new company and have come

You work as a Corporate Risk Analyst at JP Morgan. You clients Peter and Angela are planning to start a new company and have come to you for advice.

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  1. Your clients heard a lot about liquidity, describe to them what is meant by the liquidity of the share market? Explain why liquidity in the secondary market is important both to shareholders and to the corporations.

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