ASSIGNMENT
Define each of the following terms:
Spot markets; futures markets
Money markets; capital markets
Primary markets; secondary markets
Private markets; public markets
Derivatives
Investment banking house; commercial banks; financial services corporations
Mutual funds; money market funds
Physical location exchanges; over-the-counter market (OTC); dealer market
Closely held corporation; publicly owned corporation
Going public; initial public offering (IPO) market
Efficient markets hypothesis (EMH)
Behavioral finance
Define each of the following terms: Investment banking house; commercial banks; financial services corporations; mutual funds; money market funds.
