A financial market is in the market the firm receives the


1. A financial market is:

a. a place where investors can buy and sell securities. b.

the stock market.

c. regulated by well-defined rules and regulations.

d. All of the above

2. In the __ market, the firm receives the proceeds from the sale of its securities.

a. over-the-counter

b. secondary

c. fully integrated

d. none of the above?

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Financial Management: A financial market is in the market the firm receives the
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