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🏫 Board💼 Business Studies

Identify the function performed by the Financial Market from the following statement: “Holders of assets can readily sel…

Q1
Identify the function performed by the Financial Market from the following statement:

“Holders of assets can readily sell their financial assets through the mechanism of the financial market.”

a

Reduction in transaction cost

b

Providing liquidity to financial assets

c

Facilitating price discovery

d

Mobilisation of savings and channelising them into the most productive uses

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