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(solution) (a).Discuss the functions of financial markets. (b).Evaluate the


(a).Discuss the functions of financial markets.



(b).Evaluate the success of the Singapore stock market in fulfilling the different functions discussed in (a).




(Note: Total word count should approximate 1000 words)



A financial market is a market in which financial assets are traded. In addition to enabling

 

exchange of previously issued financial assets, financial markets facilitate borrowing and lending

 

by...

 


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