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A. Outline FIVE (5) basic functions of Jamaicas Stock Exchange.
B. Outline the history of the Jamaicas Stock Exchange.
C. Describe FIVE (5) major functions of the specialist on the NYSE/JSE
A. Outline FIVE (5) characteristics of the capital market and give ONE (1) example.
B. Explain the THREE (3) major economic functions below as it relates to financial markets.
i. Reduction of transaction costs
ii. Liquidity
iii. Price discovery
C. Briefly describe the money market and capital market securities listed below:
i. Bonds
ii. Stocks/shares
iii. Repurchase agreements (REPO)
iv. Commercial papers (CP)
v. Certificate of Deposits (CD)
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