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Suppose you are now prepared to make a commitment to longer-term instruments. To nake the best-informed decision, you have started to study the capital markets

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Suppose you are now prepared to make a commitment to longer-term instruments. To nake the best-informed decision, you have started to study the capital markets and noney market altematives in the United States. 1. You begin your analysis by defining the following terms (include risk and retum factors where appropriate): a. NYSE b. AMEX c. OTC d. NASDAQ e. Stocks (Common stock and Preferred stock) f. initial public offering (IPO) g. Investment bankers and underwriting h. Mortgages i. Strips j. Bonds k. Agency bonds 1. Municipal bonds m. Corporate bonds n. Call and sinking fund provisions o. Junk bonds p. General obligation municipal bonds q. Revenue bonds

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