questioni distinguish between intermediated and, Financial Management

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questioni distinguish between intermediated and

QUESTION

i) Distinguish between intermediated and market finance using illustrative examples.

ii) Differentiate between the main characteristics of Debt and Equity.

iii) Discuss the importance of a secondary market in terms of liquidity and valuation of new issues of shares.

iv) How are securities traded on Auction as compared to Dealers market?

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