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Financial institutions in the U.S. economy Suppose Nick would like to invest $6,000 of his savings. One way of investing is to purchase stock or

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Financial institutions in the U.S. economy Suppose Nick would like to invest $6,000 of his savings. One way of investing is to purchase stock or bonds from a private company. Suppose Touch Tech, a hand-held computing firm, is selling bonds to raise money for a new lab-a practice known as __ finance. Buying a bond Issued by Touch Tech would give Nick __ the firm. in the event that Touch Tech runs into financial difficulty, __ will be paid first. Suppose instead Nick decides to buy 100 shares of Touch Tech stock. Which of the following statements is correct? Chuck all that apply. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Nick's shares to decline. An Increase in the perceived profitability of Touch Tech will likely cause the value of Nick's shares to rise. the Dow Jones Industrial Average is an example of a stock exchange where he can purchase Touch Tech stock. Alternatively, Nick could invest by purchasing bonds issued by the U.S. government. Assuming that everything else is equal, a municipal bond issued by a state most likely pays a __ interest rate than a corporate bond issued by an electronics manufacturer

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