Match the following financial instruments and securities with their issuers. Instruments/Securities ........... Issuers a. corporate stocks .............
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Instruments/Securities ........... Issuers
a. corporate stocks ............. 1. commercial banks
b. Treasury bonds ............ 2. corporations
c. municipal bonds ............. 3. U.S. government
d. negotiable certificates of deposit ..... 4. state/local governments
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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