words: - What are capital markets (debt and equity), and how do bond markets and stock markets fit into the definition of capital markets? - Why are stock markets typically the most watched and reported on within capital (debt and equity) markets? - Analyze the benefits and drawbacks between receiving stock dividends versus bond coupons? - How do derivatives differ from stocks and bonds? As an investor, would you prefer to receive returns on your investments from stock dividends (equities), bond coupons (debt), or cash flows from derivatives, such as writing a covered call