Consider Figure 29 10 Would a rise in government borrowing make it harder or easier for a new business to sell new stocks in an initial public offering (IPO) In other words, are government bonds and corporate stocks substitutes for each other or complements to each other ...

A rise in government borrowing makes it more difficult for ...

Consider Figure 29.10.Would a rise in government borrowing make it harder or easier for a new business

Question:

Consider Figure 29.10.Would a rise in government borrowing make it harder or easier for a new business to sell new in an initial public offering (IPO)?
In other words, are government bonds and corporate substitutes for each other or complements to each other?
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...