Categories of buyers and sellers, Corporate Finance

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Question :

(a) What are the three broad categories of buyers and sellers in the financial markets?

(b) Differentiate between the primary and the secondary financial markets.

(c) Provide an example of a (i) primary market transaction and a (ii) secondary market transaction.

(d) Give three characteristics of money market instruments.

(e) Give one similarity and one difference between a preferred stock and a bond.


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