UI Post-UTME Commerce 2025 (Model questions) Question 17

The following statements relate to the Stock Exchange:
I. It provides a secondary market for existing securities
II. Companies raise fresh capital directly on the stock exchange
III. Share prices are determined by supply and demand forces
IV. It provides a mechanism for price discovery

1. A.I and II only
2. B.II and III only
3. C.I, III and IV only
4. D.All of the above