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1 describe the process through which savings are directed to productive investment in direct and indirect finance.
2 define with examples: primary and secondary markets, brokers, dealers, OTC markets, exchanges, money market instruments, Eurocurrencies, Eurobonds.
3 distinguish between equity and debt securities and state the pros and cons for both investors and issuers...
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1 describe the process through which savings are directed to productive investment in direct and indirect finance.
2 define with examples: primary and secondary markets, brokers, dealers, OTC markets, exchanges, money market instruments, Eurocurrencies, Eurobonds.
3 distinguish between equity and debt securities and state the pros and cons for both investors and issuers...
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