An understanding of the role of capital markets is one of the fundamen

An understanding of the role of capital markets is one of the fundamental concepts that a nonfinancial manager should understand in order to:

A) better assess the current environment in which the firm operates.
B) better assess future financing requirements.
C) better understand the role of the capital markets in raising long-term funds.
D) better measure and create value for the shareholders.

ANSWER

C