FIN 534 MIDTERM EXAM – STRAYER NEW
The brand new York inventory trade is an public sale market with a physical vicinity.
Capital market transactions contain simplest the purchase and sale of fairness securities, i.E., customary shares.
If an investor sells shares of stock by way of a broker, then this might be a essential market transaction.
Customer automobile loans are evidenced by authorized documents called “promissory notes,” and these character notes are traded within the money market.
Even as the distinctions are blurring as funding banks are today buying commercial banks, and vice versa, investment banks as a rule focus on lending cash, whereas business banks more often than not support businesses elevate capital from other events.
