The capital market is a market for trading of financial assets such as?

Assessment: JAMB UTME - Economics - 2001 Subject: Economics

Question 1 Report

The capital market is a market for trading of financial assets such as?
Answer Details
The capital market is a market where long-term financial assets are traded. These assets may include things like stocks, bonds, and other long-term securities. Treasury bills and commercial papers are short-term financial assets and are not generally traded in the capital market. However, bankers' acceptances, which are short-term financial instruments issued by banks, can sometimes be traded in the capital market. Therefore, the financial assets that are traded in the capital market are primarily long-term securities.
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