Apply your

knowledge about capital markets and select the combination of statements that

are all TRUE

(1)  A

capital market

is a financial market in which equity and longer-term debt securities are

traded

(2)  These markets

are also called

security markets and they trade in ordinary shares, preference shares, bonds

and loans that have terms of more than one year

(3)  The

Johannesburg

Stock Exchange (JSE) is an equity market and one of the divisions of the

capital market

(4)  The

capital market

is a provider of a secondary market for trading in previously issued

instruments that investors sell to one another

(5)  Large

investors,

governments and organisations can invest their surplus funds on the capital

market

(a)  Statements (1), (2) and (4)

(b) 

Statements (2), (3), (4) and

(5)

(c)  

Statements

(1), (2), (3) and (5)

(d) 

Statements (1), (2), (3), (4)

and (5)