1. Briefly discuss the Malaysian financial system. 2. Define the characteristics of the money markets and TWO (2) purpose of money markets. 3. Describe and contrast between money market and capital market. 4. Why is it so important for an economy to have fully developed financial markets? 5. What characteristics define the money markets? 6. Why do businesses use the money markets? 7. What are the primary capital market securities, and who are the primary purchasers of these securities? 8. Distinguish between the primary market and the secondary market for securities. 9. Although the dividends on investment in unit trusts and mutual funds are generally low, investors are still investing in these assets. Explain. 10. What is the main role of the Securities Commissions and Bursa Malaysia with regard to securities trading? 11. Distinguish between call and put options. What are the rights and obligations of the buyer and seller of the options? 12. Define spot, forward, and swap transactions in the foreign exchange market and give an example of how each could be used. 13. Why do ordinary shares have a higher risk premium than bonds? 14. Compare and contrast foreign currency options and futures. Identify situations when you may prefer one versus the other when speculating on foreign exchange. 15. Explain some of the most important characteristics of Islamic finance as it is operating today as well as the important challenges it faces. 16. Why are money market instruments considered short-term investments? 17. Why is it important to rate bonds? 18. Securities trading in the OTC market is riskier than that of the stock exchange. Why? 19. Define the FOUR (4) factors contribute to the financial crisis. 20. Contrast the stages of a financial crisis between an advanced economy and an emerging market economy