Why would firms raise capital in markets other than their domestic or home market?
Answer to relevant QuestionsCan bonds be purchased only by large institutional investors? Explain. Why are investment-grade bonds given that name? Why are “junk bonds” also known as “high-yield bonds”? How do you think credit spreads behave over the course of the economic cycle? Describe some of the characteristics of common stock. What can looking at data on inventories tell us about the condition of the economy? Data on business expansion or investment plans?
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