WAEC Commerce 1996 Question 43

Question 43

Stock Exchange

The capital market is a market

  1. A.for long term loans
  2. B.for new shares of public companies
  3. C.where money is deposited
  4. D.where foreign currencies are bought and sold
  5. E.for short term loans
Show the answer and explanation

Answer: A (for long term loans)

Explanation

The capital market deals in long-term funds.