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1 February, 02:57

In contrast to public markets, private markets are characterized by individually negotiated transactions that take place without the aid of a centralized market. Therefore, private markets will generally have:

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  1. 1 February, 04:12
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    Answer: High transaction costs and low liquidity.

    Explanation: Without the aid centralized market as opposed to the public market, transaction cost will be high 'cause of the middle men and the ease with which assets or security to be bought will be low.
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