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(a) What are the three broad categories of buyers and sellers in the financial markets?
(b) Differentiate between the primary and the secondary financial markets.
(c) Provide an example of a (i) primary market transaction and a (ii) secondary market transaction.
(d) Give three characteristics of money market instruments.
(e) Give one similarity and one difference between a preferred stock and a bond.
Calculate monthly inventory turnover ratio
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