Question: 6) Why is the difference between primary issues and secondary issues of corporate stock not the same thing as the difference between the primary market
6) Why is the difference between primary issues and secondary issues of corporate stock not the same thing as the difference between the primary market for common stock and the secondary market for common stock? (10 points) 7) What are the main differences between "open-end" and "closed- end" mutual funds? Are money market mutual funds normally "open-ended" or "closed-ended?" (10 points) na 8) What are some of the main differences why profits can differ from cash flow? (10 points) V brigider 9) What is "free cash flow?" (10 points) 10) How does the saying "a bird in the hand is worth two in the bush" capture the two main reasons why we discount future dollars in finance? (10 points)
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