Question: read chapter 1 from Corporate Finance customized ehrhardt & brigham 6th edition book and answer all the question. 1-1 Define each of the following terms:
read chapter 1 from Corporate Finance customized ehrhardt & brigham 6th edition book and answer all the question.
1-1 Define each of the following terms: a. Proprietorship; partnership; corporation; charter; bylaws
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 bank; financial services corporation; financial intermediary
g. Mutual fund; money market fund
h. Physical location exchange; computer/telephone network i. Open outcry auction; dealer market; automated trading platform j. Production opportunities; time preferences for consumption k. Foreign trade deficit
1-2 What is a firms fundamental value (which is also called its intrinsic value)? What might cause a firms intrinsic value to be different from its actual market value?
1-3 What are some similarities and differences between the NYSE and the NASDAQ Stock Market?
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