CAPITAL MARKET, ITS NATURE AND SIGNIFICANCE

By

OGOCHUKWU NGENE

Presented To

Department of Accountancy

ABSTRACT
This work is designed to assess the nature of the capital market it significance mode of operation it contributory function in general and narrowly in Nigeria contracts. The problems associated with the development of capital market in developing countries using Nigeria as an example will also be looked at.

TABLE OF CONTENTS
COVER PAGE I
TITLE PAGE II
APPROVAL PAGE III
DEDICATION IV
AKNOLEDGEMENT V
ABSTRACT VI
TABLE OF CONTENTS VII

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF PROBLEM 2
1.3 OBJECTIVES OF THE STUDY 3
1.4 SIGNIFICANCE OF THE STUDY 3
1.5 SCOPE AND LIMITATION OF THE STUDY 4

CHAPTER TWO
2.1 NATURE OF CAPITAL MARKET 5
2.2 FACTORS EFFECTING THE COST
 OF FUND/SECURITY PRICE CHANGE. 6
2.3 FUNCTION OF THE CAPITAL MARKET 9
2.4 THE NIGERIA CAPITAL MARKET 13
2.5 STRUCTURE OF THE EXCHANGE AND MODE OF PROBLEM 15

CHAPTER THREE
3.1 SUMMARY FINDING 22
3.2 CONCLUSION. 22
3.3 RECOMMEDATION 23
BIBILIOGRAPHY 25

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