Afm 121 exam - Study guides, Class notes & Summaries

AFM 121 Final Exam Questions & Answers 2023/2024 What is a market? - ANSWER-- has buyers and sellers - we exchange capital in a capital market - capital goes from those who have it to those who require it - this exchange is done because those that have extra wealth can provide capital and get a return 3 components of the transfer of capital - ANSWER-financial markets, financial instruments, intermediaries What is capital? - ANSWER-human capital: - people in the labour force ...

Sole proprietorship one person owning and running pros-easy to create cons- unlimited liability, income tax at personal level (True) partnership like a sole proprietor but more than one owner cons-unlimited liability, income taxed at personal level Limited Partnership goal is to get money to invest in other businesses, two types of ownership (general partners, limited partners) -Limited partners have limited liability which is limited to their investment pros-death/withdraw...

What is the vital function of financial markets? Help facilitate transfer of capital What are the three components of the wealth transfer process? Financial instruments (what is actually bought / sold) Financial markets (facilitating / buying financial instruments) Financial intermediaries (people / companies involved in financial instruments and markets) What is capital made up of? Capital is made up of governments, corporations and individuals How is capital trans...

2024 AFM 121 MidTerm Exam New Latest Exam Best Studying Material Updated Recent Version with Questions and Answers

2024 AFM 121 Final Exam New Latest Exam Best Studying Material Updated Recent Version with Questions and Answers