Explain the difference between the primary and secondary markets. What roles do banks play in these...

50.1K

Verified Solution

Question

Finance

Explain the difference between the primary and secondarymarkets. What roles do banks play in these markets?

Please don't hand write.

Please don't copy the same answer from some one else.

Thank you.

Answer & Explanation Solved by verified expert
3.9 Ratings (487 Votes)
Capital market is the market for long term fundsIt is a market for buying and selling of equitydebtand other securities etcNormally capital markets are deals with long term securities which have maturity value more than 1 year The    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Explain the difference between the primary and secondarymarkets. What roles do banks play in these markets?Please don't hand write.Please don't copy the same answer from some one else.Thank you.

Other questions asked by students