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Why are the money and capital markets important? What factors characterize the instruments of the money and capital markets? What are the two ways money

Why are the money and capital markets important?

What factors characterize the instruments of the money and capital markets?

What are the two ways money can be exchanged in the economy?

What is the composition of the global money and capital markets. Be prepared to identify major market segments (ie. fixed income; equity and derivatives).

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