The Best Definition of Capital Markets Is

The best definition of capital markets is:

A) The possibility of conflicts between shareholders and management in a large corporation.
B) The process of planning and managing a firm's long-term investments.
C) A venue where long-term debt and equity securities are bought and sold.
D) The purchase or sale of securities whose value derives from the price of another, underlying, asset.
E) A venue where buyers and sellers of capital equipment come together to trade such assets.