Question: Short Answer: Answer the following questions, using examples to demonstrate your understanding. What is the difference between a secured and an unsecured loan? Explain the

Short Answer: Answer the following questions, using examples to demonstrate your understanding.

  1. What is the difference between a secured and an unsecured loan?
  2. Explain the term: Liabilities.
  3. Differentiate between equity financing and debt financing.
  4. What are junk bonds?
  5. What is an IPO?
  6. How are securities connected to the last Housing Bubble (it eventually burst in 2007)?

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