Secondary Markets

question 45

Multiple Choice

Secondary markets:

• A)allow borrowers to raise long-term funds
• B)facilitate capital-raising in the primary market
• C)allow borrowers to raise short-term funds
• D)do not raise new funds but offer liquidity
• E)facilitate all of the given answers

---

Definitions:

Open-source

Software for which the original source code is made freely available and may be redistributed and modified.

Manual Loading

The physical action of loading goods or materials by hand without the use of automated machinery or technology.

Rapid Pace

Describes a situation or process that is moving or happening very quickly or in a short time span.

Web-based Improvements

Enhancements or upgrades made to websites or online services to improve user experience and functionality.