lemons and thus investors won’t be afraid of investing. B. Overview of the Financial Markets: The securities markets are a subset of the many financial markets. There are non-securities markets (bank loans, treasury bills, CDs and commercial paper) and equity markets. The decision of which market for a company to enter is based upon the cost of capital in the particular market, the time necessary to effect a transaction, and regulatory supervision. When a financial product is considered a…
Words 8818 - Pages 36