A capital market differs from the money market in that in the former ________?

  • A The percentage of interest charged is more
  • B Loan sought is long term
  • C Loan repayment is guaranteed
  • D Loan sought is short-term
jamb 2018english-language

The correct answer is B. Loan sought is long term

A capital market differs from the money market in that in the former, the loan sought is long-term. The money market is a market for short-term loans, while the capital market is a market for long-term loans.

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