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Every financial market performs the following function:

A) It determines the level of interest rates.
B) It allows common stock to be traded.
C) It allows loans to be made.
D) It channels funds from lenders-savers to borrowers-spenders.

1 Answer

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Answer:

D) It channels funds from lenders-savers to borrowers-spenders.

Step-by-step explanation:

Financial market

The marketplace where trading of securities like the equities , currencies , bonds and bonds are done .

There are small as well as large financial markets available .

The stock market is also an example of a financial market as it enables the investors to sell and buy shares of the companies .

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