Question
Explain the role of the security markets and how the security markets are organized to aid the allocation of capital among households, corporations, and government
Explain the role of the security markets and how the security markets are organized to aid the allocation of capital among households, corporations, and government units.
Who are the suppliers of capital and who are the users?
Why does capital need to be allocated between users and how does this improve our standard of living?
How have changes in technology speed up the trading of securities and how has improved allocation of resources?
Please cite and reference chapter 14 of Foundations of Managerial Finance, Block, S. B., Hirt, G. A., & Danielson, B. R. (2017). Foundations of Financial Management (16th ed.). New York, NY: McGraw-Hill. ISBN-13: 978-1259277160
Provide at least three other sources
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