Upgrade to remove ads
Only $35.99/year

CH 1 HW/Quiz Questions

Terms in this set (10)

one reason for the ___ was that mortgage lenders did not always properly verify the income, job status, and credit history of mortgage applicants before extending a mortgage
credit crisis in the 2008-2009 period
what is NOT a money market security
municipal bond, mortgage, corp. bond
those financial markets that facilitate the flow of long term funds are known as
capital markets
indiana bank purchased corp bonds with a 10 year maturity 3 years ago. if it now needs funds, it could sell those bonds in the ___ market
secondary
financial market participants who borrow funds are called
deficit units
the ___ required complete disclosure of relevant financial information for publicly offered securities in the primary market
securities act of 1933
what is an ex of a depository institutions
savings institution
because financial markets are ___, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire
imperfect
which of the following financial intermediaries are not major investors in stocks
commercial banks
if a corporation wants to borrow funds, it can issue bonds in the ___ market
primary
Sets found in the same folder