finanzas
Examen de finanzas 4029
1. Financial markets
a. transfer funds from those who have excess funds to those who need funds.
a.i. surplus units
a.i.1. Those participants who receive more money than they spend
a.ii. deficit units
a.ii.1. Those participants who spend more money than they receive
2. Securities
a. are certificates that represent a claim on the issuer.
a.i. Debt securities
a.i.1. are certificates that represent debt ( borrowed funds) incurred by the issuer.
a.ii. Equity securities ( also called stocks)
a.ii.1. are certificates that represent equity or ownership in the issuer.
3. Money Market Securities
a. They generally have a relatively high degree of liquidity, a low expected return and a low degree of risk.
a.i. Common types of money market securities
a.i.1. Treasury bills (issued by the Treasury),
a.i.2. commercial paper (issued by corporations)
a.i.3. negotiable certificates of deposit (issued by depository institutions).
4. Capital Market Securities
a. Securities with a maturity of more than one year are called capital market securities.
a.i. Capital market
a.i.1. securities are commonly issued to finance the purchase of capital assets, such as
a.i.1.a. buildings
a.i.1.b. equipment
a.i.1.c. or machinery.
a.i.2. Three common types of capital market securities are
a.i.3. Bonds
a.i.3.a. are long- term debt securities issued by corporations and government agencies to support their operations.
a.i.4. Mortgages
a.i.4.a. are long-term debt obligations created to finance the purchase of real estate.
a.i.5. stocks.
a.i.5.a. (also referred to as equity securities) are certificates representing partial ownership in the corporations that issued them *They are classified as capital market securities because they have no maturity and therefore serve as a loDerivative Securities
5. Derivative Securities
a. are financial contracts whose values are derived from the values of underlying assets (such as
1. Financial markets
a. transfer funds from those who have excess funds to those who need funds.
a.i. surplus units
a.i.1. Those participants who receive more money than they spend
a.ii. deficit units
a.ii.1. Those participants who spend more money than they receive
2. Securities
a. are certificates that represent a claim on the issuer.
a.i. Debt securities
a.i.1. are certificates that represent debt ( borrowed funds) incurred by the issuer.
a.ii. Equity securities ( also called stocks)
a.ii.1. are certificates that represent equity or ownership in the issuer.
3. Money Market Securities
a. They generally have a relatively high degree of liquidity, a low expected return and a low degree of risk.
a.i. Common types of money market securities
a.i.1. Treasury bills (issued by the Treasury),
a.i.2. commercial paper (issued by corporations)
a.i.3. negotiable certificates of deposit (issued by depository institutions).
4. Capital Market Securities
a. Securities with a maturity of more than one year are called capital market securities.
a.i. Capital market
a.i.1. securities are commonly issued to finance the purchase of capital assets, such as
a.i.1.a. buildings
a.i.1.b. equipment
a.i.1.c. or machinery.
a.i.2. Three common types of capital market securities are
a.i.3. Bonds
a.i.3.a. are long- term debt securities issued by corporations and government agencies to support their operations.
a.i.4. Mortgages
a.i.4.a. are long-term debt obligations created to finance the purchase of real estate.
a.i.5. stocks.
a.i.5.a. (also referred to as equity securities) are certificates representing partial ownership in the corporations that issued them *They are classified as capital market securities because they have no maturity and therefore serve as a loDerivative Securities
5. Derivative Securities
a. are financial contracts whose values are derived from the values of underlying assets (such as