1. Define the term yield curve.What changes does a steepening yield curve imply? 2. How can traders...
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Question:
1. Define the term "yield curve."What changes does a steepening yield curve imply?
2. How can traders take advantage of a steepening yield curve?
3. Define a "primary market" and a "secondary market."
4. Firm XYZ issued 5 million new shares in a seasoned equity offering. Did this transaction take place on the primary market or the secondary market?
5. Compare and contrast a direct search market and a broker market. Which one is costlier?
6. Compare and contrast a dealer market and an auction market. Which one is costlier?
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