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Jagdambay Exports (http://www.jagdambayexports.com/), a manufacturer and exporter of Baby Wears Garments, is considering ''going public'' to raise funds to expand in USA. The Chief Financial

Jagdambay Exports (http://www.jagdambayexports.com/), a manufacturer and exporter of Baby Wears Garments, is considering ''going public'' to raise funds to expand in USA. The Chief Financial Officer (CFO) of Jagdambay Exports has approached the investment banking firm at which you work seeking help with its decision. Your boss asked you to explain the nature of the U.S. financial markets and the process of issuing equity to the CFO of Jagdambay Exports. Explain the components of a financial market and its relevance to Jagdambay Exports. Be explicit and explain to the CFO how financial markets differ from markets for physical assets and why that difference matters to Jagdambay Exports.

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