Which of the following are characteristics of Capital Markets?
1. Involvement in short-term debt instruments
2. Long-term securities trading
3. Presence of both primary and secondary markets
4. Issuance and trading of government bonds

1
1 and 2 only
2
1, 3, and 4 only
3
2 and 3 only
4
2, 3, and 4 only

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