The instrument used in the capital market is?

Assessment: JAMB UTME - Commerce - 2010 Subject: Commerce

Question 1 Report

The instrument used in the capital market is?
Answer Details
The instrument used in the capital market is a financial security that represents ownership in a company, such as a stock or a bond. Stocks represent partial ownership of a company, while bonds represent a loan made to a company or government. The capital market is a market where long-term securities such as stocks and bonds are traded. Therefore, the correct option is "stock".
Read lesson note on Stock Exchange (JAMB)
Read lesson note on Money (JAMB)
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