Please answer the following.

1. Why do corporations employ investment bankers?

2. Identify the primary market functions of investment bankers?

5. Explain market stabilization?

6. Identify the costs associated with going public?

7. Briefly describe how investment banking is regulated?

8. Describe the inroads into investment banking being made by commercial banks.

10. what are some of the characteristics of an organized securities exchange?

11. Describe the types of members of the New York Stock Exchange?

12. Why is there a difference between bid and ask prices at some point in time for a specific security?

14. What is a short sale?