Accountancy, asked by LDGeo9699, 6 hours ago

Explain the functions of New Issue Market.

Answers

Answered by Alaina6
2

Answer:

The main function of the New Issue Market is to facilitate the 'transfer of resources' from savers to users. Conceptually, however, the New Issue Market should not be conceived as a platform only for the purpose of raising finance for new capital expenditure.

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