Financial Markets and Institutions 8th edition
On the evening news you have just heard that the bond market has been booming. Does this mean that
interest rates will fall so that it is easier for you to finance the purchase of a new computer system for
your small retail business? Will the economy improve in the future so that it is a good time to build a new
building or add to the one you are in? Should you try to raise funds by issuing stocks or bonds, or instead
go to the bank for a loan? If you import goods from abroad, should you be concerned that they will
become more expensive? This book provides answers to these questions by examining how financial markets (such as those for bonds, stocks, and foreign exchange) and financial institutions (banks, insurance companies,
interest rates will fall so that it is easier for you to finance the purchase of a new computer system for
your small retail business? Will the economy improve in the future so that it is a good time to build a new
building or add to the one you are in? Should you try to raise funds by issuing stocks or bonds, or instead
go to the bank for a loan? If you import goods from abroad, should you be concerned that they will
become more expensive? This book provides answers to these questions by examining how financial markets (such as those for bonds, stocks, and foreign exchange) and financial institutions (banks, insurance companies,
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