Define each of the following terms: a. Sole proprietorship; part

Define each of the following terms:

a. Sole proprietorship; partnership; corporation

b. Limited partnership; limited liability partnership; Professional Corporation

c. Stockholder wealth maximization

d. Money market; capital market; primary market; secondary market

e. Private markets; public markets; derivatives

f. Investment banker; financial service corporation; financial intermediary

g. Mutual fund; money market fund

h. Physical location exchanges; computer/telephone network

i. Open outcry auction; dealer market; electronic communications network (ECN)

j. Production opportunities; time preferences for consumption

k. Real risk-free rate of interest, r*; nominal risk-free rate of interest, rRF

l. Inflation premium (IP); default risk premium (DRP); liquidity; liquidity premium (LP)

m. Interest rate risk; maturity risk premium (MRP); reinvestment rate risk

n. Term structure of interest rates; yield curve

o. “Normal” yield curve; inverted (“abnormal”) yield curve

p. Expectations theory

q. Foreign trade deficit

A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...


  • Access to 1 Million+ Textbook solutions
  • Ask any question from 24/7 available


Get help from Finance Tutors
Ask questions directly from Qualified Online Finance Tutors .
Best for online homework instance.