Please advice with full answers for 25 points.

QUESTION 2 2.1 Explain the important role played by financial institutions and financial markets within the economy. ( (25) (5) 2.2 The board of directors has approached you as the financial manager to come up with a remedial approach to the company's financial woes. They have tasked you with writing a report addressed to the Board of Directors that will inform them on the following: Identify and discuss three best different forms of short-term financing for business, including their respective merits and characteristics Identify and discuss two best different forms of long-term financing, including their respective merits and characteristics applicable for the above situation. (20) 63