A firm in need of long-term financing will most likely turn to the global money market instead of the global capital market.

Name: A firm in need of long-term financing will most likely turn to the global money market instead of the global capital market.
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Question

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The global capital market is where long-term financing is obtained, offering instruments like bonds and stocks, whereas the global money market deals with short-term financing, typically involving instruments with maturities of one year or less.

A Firm in Need of Long-Term Financing Will Most Likely