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Basic Question 1 of 5

The primary goal of raising capital in the equity market is to ______.

A. finance the company's revenue-generating activities
B. ensure debt covenants are met
C. improve capital adequacy ratios

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praj24 Primary!!
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

explain the role of equity securities in the financing of a company's assets

contrast the market value and book value of equity securities

compare a company's cost of equity, its (accounting) return on equity, and investors' required rates of return

CFA® 2025 Level I Curriculum, Volume 3, Module 4.