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(TRUE or FALSE?) Secondary markets are markets for securities that were previously issued. True False (TRUE or FALSE?) In making financing decisions, financial managers want to obtain capital at the highest possible cost, which means that they do not need to understand how financial markets work and what financing alternatives are available. True False.

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(TRUE or FALSE?) Secondary markets are markets for securities that were previously issued. True False (TRUE or FALSE?) In making financing decisions, financial managers want to obtain capital at the highest possible cost, which means that they do not need to understand how financial markets work and what financing alternatives are available. True False

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