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7 December, 08:15

Every financial market performs the following function:

A) It determines the level of interest rates.

B) It allows common stock to be traded.

C) It allows loans to be made.

D) It channels funds from lenders-savers to borrowers-spenders.

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Answers (1)
  1. 7 December, 08:19
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    D) It channels funds from lenders-savers to borrowers-spenders.

    Explanation:

    Financial market

    The marketplace where trading of securities like the equities, currencies, bonds and bonds are done.

    There are small as well as large financial markets available.

    The stock market is also an example of a financial market as it enables the investors to sell and buy shares of the companies.
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