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Define each of the following terms: Loan Financial Instrument Shareholder wealth maximization money market capital market primary market secondary market maturity transformation risk transformation liquidity
Define each of the following terms:
Loan
Financial Instrument
Shareholder wealth maximization
money market
capital market
primary market
secondary market
maturity transformation
risk transformation
liquidity
diversification
law of one price
arbitrage
agency
hedge funds
securitization
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