Capital Market
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What is the capital market?
How is the primary market different from the secondary market?
In your opinion, are these markets efficient? Why or why not?
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Solution Summary
Define capital market, primary market, secondary market & discuss efficiency
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What is the capital market?
A capital market can be defined as the market for securities, where companies and governments can raise longterm funds. It comprises the stock as well as the bond markets. Nasdaq, nyse, etc. are all examples of well known capital markets.
How is the primary market different from the ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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