A(n) ________ capital market is one where all investors do not have access to all the financial securities in the various markets.

Question

Quizplus · Accepted Answer

A segmented capital market is one where investors do not have equal access to all financial securities in different markets. Segmentation can occur due to various factors such as legal restrictions, differences in market regulations, or different investor preferences. This can lead to variations in prices and yields of financial securities across different markets. In contrast, an integrated capital market is one where investors have access to all financial securities in different markets, and prices and yields tend to converge.

A(n) ________ Capital Market Is One Where All Investors Do