Every financial market performs the following function:
a) it determines the level of interest rates.
b) it allows common stock to be traded.
c) it allows loans to be made.
d) it channels funds from lenders-savers to borrowers-spenders.

D) It channels funds from lenders-savers to borrowers-spenders.

Explanation:

Financial market

The marketplace where trading of securities like the equities , currencies , bonds and bonds are done .

There are small as well as large financial markets available .

The stock market is also an example of a financial market as it enables the investors to sell and buy shares of the companies .

explanation:

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