A public limited company can raise long-term loans through

Explanation

This question is asking about how a public limited company can obtain long-term loans. The options are the capital market, money market, bank overdrafts, and discount houses. A public limited company is a type of business organization that allows the public to buy and sell shares in the company.

To answer the question, the correct option is A, the capital market. The capital market is a market for raising long-term funds through the sale of securities, such as stocks and bonds. Public limited companies can issue shares of stock or bonds to investors in the capital market, providing them with long-term financing.

The money market, on the other hand, is a market for short-term borrowing and lending, usually with maturities of less than one year. Bank overdrafts are short-term loans that allow a company to overdraw its account with a bank, while discount houses are institutions that provide short-term loans to companies by buying their bills of exchange at a discount.

In summary, a public limited company can raise long-term loans through the capital market by issuing stocks or bonds to investors. To learn more about this, please read the relevant sections of the recommended textbooks.