Question
Financial Markets and Institutions Businesses have two main segments of the financial environment from which to seek investment and financing opportunities: ________________________________________ ________________________________________ The Flow
Financial Markets and Institutions
Businesses have two main segments of the financial environment from which to seek investment and financing opportunities:
________________________________________
________________________________________
The Flow of Savings to Corporations
In a closely held corporation:
Corporation
Cash reinvested in ___________________________________
Investors
Cash raised from _____________________________
In a large public corporation:
Financial Market
Market where securities are ________________ and/or _____________________
Primary Market
Market for the sale of ______________________________ by corporations
Initial Public Offering (___________)
Secondary Market
Market in which _____________________________________securities are traded among investors
Equity vs. Debt
_____________________________
Market for stocks
_____________________________
Market for bonds
Long Term vs. Short Term
______________________________
Market for long-term financing
______________________________
Market for short-term financing (less than 1 year)
The Flow of Savings to Corporations
Financial Intermediary
An organization that _______________________________________________ and _____________________________________ for individuals, companies, and other organizations
Financial Institution
A __________________, insurance company, or similar financial intermediary
Mutual Fund
An investment company that _______________ the savings of _______________ investors and invests in a ______________________ of securities
Hedge Fund
A private investment pool, open to wealthy or institutional investors, that is only __________________________________ and therefore can pursue more speculative policies than mutual funds
Pension Fund
Fund set up by an _______________________ to provide for employees retirement
A Mutual Fund
Commercial Bank
Function of Financial Markets
Transporting cash across ________________
________________________
Payment mechanism
Provide _________________________
Information Provided by Financial Markets
_____________________________
_____________________________
______________________________
_____________________________
The Crisis of 2007-2009
_______________________________
______________________________________
______________________
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
