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What is the difference between primary markets and secondary markets? (15 points) What is the difference between money markets and capital markets? (10 points) What

What is the difference between primary markets and secondary markets? (15 points) What is the difference between money markets and capital markets? (10 points) What are three (3) of the seven (7) types of financial institutions? Include a description of the main services offered by each. (15 points) Why would the U.S. government, local governments, and corporations issue bonds? (15 points) Provide the definitions of a discount bond and a premium bond. Give examples. (15 points) As owners, what rights and advantages do shareholders obtain? (10 points) Why might the Standard & Poors 500 Index be a better measure of stock market performance than the Dow Jones Industrial Average? Why is the DJIA more popular than the S&P 500? (10 points) What are the differences between common stock and preferred stock? (10 points)

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