Finc 409 exam 3 - Study guides, Class notes & Summaries

During periods of economic expansion, firms usually rely more on internal sources of funds. false Most of the annual funds raised from security issues come from corporate bond sales. true Long term business funds are obtained by issuing commercial paper and corporate bonds. false commercial paper is a source of short-term financing for businesses Private placements must be approved by the Securities and Exchange Commission (SEC). false public placements must be app...

FINC 409 Ch. 1 Exam Guide Questions Correctly Answered. Finance - CORRECT ANSWER the study of how individuals, institutions, governments, and businesses acquire, spend and manage money and other financial assets Financial Environment - CORRECT ANSWER financial system, institutions or intermediaries, financial markets, business firms, individuals, and global interactions that contribute to an efficiently operating economy Financial Institutions - CORRECT ANSWER organizations or interme...

During periods of economic expansion, firms usually rely more on internal sources of funds. - correct answer false Most of the annual funds raised from security issues come from corporate bond sales. - correct answer true Long term business funds are obtained by issuing commercial paper and corporate bonds. - correct answer false commercial paper is a source of short-term financing for businesses Private placements must be approved by the Securities and Exchange Commis...