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)?

Answer rating: 100% (QA)

1 A secured loan is a loan that is backed by collateral such as a house or a car This means that if the borrower defaults on the loan the lender can s... View the full answer