Securities markets are where firms raise funds needed primarily to meet their short-term financial needs.

Name: Securities markets are where firms raise funds needed primarily to meet their short-term financial needs.
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Question

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Securities markets are primarily used by firms to raise long-term capital to finance their growth and investment activities, while short-term financial needs are typically met through sources such as bank loans or commercial paper.

Securities Markets Are Where Firms Raise Funds Needed Primarily to Meet