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NECO Commerce 2024 Objective — Question 26

Question 26 of 50 from the National Examinations Council (NECO) Commerce 2024 Objective paper, with the correct answer and a full explanation.

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A market for long-term loans is the

  • A. A. capital marketCorrect
  • B. B. foreign exchange market
  • C. C. money market
  • D. D. new issues market

Explanation

The capital market provides long-term loans and funds for businesses and governments.

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