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What is the default risk for a bond? Explain carefully why this risk arises for a bond In relation to the share market, explain what
- What is the default risk for a bond? Explain carefully why this risk arises for a bond
- In relation to the share market, explain what is meant by market liquidity. Examine two factors that facilitate the liquidity of the share market.
- Examine two reasons why an investor may prefer bonds rather than shares when deciding to invest.
- Distinguish between direct and intermediated financing.
- Evaluate two risks for a bank that arise due to its operating activities. Explain how the bank can manage or control each of these two risks.
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
