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A public limited company can raise long-term loans through

A public limited company can raise long-term loans through
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The capital market
  • B The money market
  • C Bank overdrafts
  • D Discount houses
Correct Answer: Option A
Explanation:
The capital market provides facilities for raising long-term finance. A public limited company can obtain long-term funds through the capital market by issuing securities such as shares and long-term debt instruments.

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