What are the key advantages of a deposit account over a money market account? What are the
Question:
What are the key advantages of a deposit account over a money market account?
What are the key advantages of a credit line with a bank over commercial paper issuance?
Before the 2008 Financial Crisis, US banks and mortgage lenders offer controversial mortgage products such as NINJA (no income, no job, and no assets) loans to the market. Describe the market forces and policy factors contributing to the rise of these controversial mortgage products.
3. In his 2002 letter to shareholders, Warren Buffett described OTC derivatives as "financial weapons of mass destruction" to highlight the extreme risks posed by these instruments. Based on our lecture on OTC derivatives, discuss the problems of this market.
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus