IntroductionSecurities are created and issued by corporate bodies and governments, which are in demand of dollars to finance expansion or development projectsor instance, Wazobia Plc, a manufacturing concern call fors to expand its facilities to accommodate present and anticipated consumer demand as well as replace aging or obsolete equipmentst is however, short of internally generated dollars (retained earnings) to undertake the projects want long gestation and payback periods, money market facilities which have short tenure would be inappropriate funding sourceshe enterprise would be left with one possible option, that is, to access the capital business if it meets the requirements for entryhis could be done by issuing shares and/or debt instruments. (Securities and Exchange Commission, 1999)hus, capital market is a segment of financial market that is responsible for mobilizing and channelling long term funds into productive investment such as fixed assetshe investments in capi ... [Read More - How To Get My Ex Boyfriend Back From Another Woman]
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