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JAMB Commerce 2002 Question 24

Question 24

Stock Exchange

The Stock Exchange is a market where

  1. A.long-term securities are sold
  2. B.all types of securities are sold
  3. C.short-term securities are sold
  4. D.medium-term securities are sold.
Show the answer and explanation

Answer: A (long-term securities are sold)

Explanation

The Stock Exchange is a capital market where long-term securities such as shares, stocks and bonds are bought and sold.