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Basic Question 6 of 7

How does the financial system facilitate raising equity capital?

I. Investment banks help companies issue equities.
II. Many analysts cover the stocks companies have issued.
III. Accounting standards are established to ensure the production of meaningful financial statements.

User Contributed Comments 2

User Comment
ibrahim18 Confusing options.
agogoi Option III seems indirect and far-fetched for the reasoning
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Learning Outcome Statements

explain the main functions of the financial system

CFA® 2025 Level I Curriculum, Volume 3, Module 1.