Financial intermediaries are business organizations that receive funds in one form and repackage them for the use of those who need funds. The function to ensure effective allocation of resources and increase in real output of the economy. Assuming that your country is just entering a recession and the company which you are employed with must raise some funds immediately to cushion the upcoming difficult times. The CEO has therefore decided to use debt as the best capital option. It is best for him to borrow currently on a long-term basis. Overview of financial management. (One answer may be used more than once) The objective of financial management according to financial theory is the of shareholder wealth. Wealth maximization is accomplished if the firm's is maximized. Markets for short-term debt securities are called markets. Markets for long-term debt and equity are called markets A place where firms and individuals enter into contracts to buy or sell a specific product such as a bond, stock, or futures contract is called a A or an can be an actual building or a network of computers that serve as a central location where people buy and sell financial products. A stock market is also a Several exchanges make up what is known as the The most liquid and largest financial market in the world is Th is a hybrid market combining floor-based and electronic trading