Question
Q1. Describe and explain the characteristics of the money market instruments a bank can use to raise short- term borrowings. Discuss advantages and disadvantages
Q1. Describe and explain the characteristics of the money market instruments a bank can use to raise short- term borrowings. Discuss advantages and disadvantages from the bank's perspective. (300 words max) Q2. You have been asked by the prospective directors of a shortly to be established business what is meant by ordinary shares, preference shares and debt capital. Further, you have been asked to provide a brief explanation of their relative advantages and disadvantages as sources of funds to expand the business. Write an essay to assist these managers. (300 words max)
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