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WAEC Commerce 2024 Objective — Question 26

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

26. A market for long-term loans is the A.

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

Explanation

Capital market is generally a market for long-term securities.

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