One of the financial markets listed below is not part of the nation's capital market. Which one is not?
A) Mortgage market
B) Corporate bond market
C) Municipal bond market
D) Commercial paper market
E) Stock market

Question

Quizplus · Accepted Answer

The commercial paper market is a short-term market where companies issue debt with maturities typically less than 270 days, making it part of the money market rather than the capital market. The capital market is for long-term securities.

One of the Financial Markets Listed Below Is Not Part