Financial Management - Chapter 14

Financial Assets that Investors purchase hoping to earn a high rate of return. In 1999, over $400 billion in external corporate financing was raised. From 1996 through 1999, capital has been raised through the following sources: Firm issues securities, which are made available to both Financial Assets that Investors purchase hoping to earn a high rate of return. In 1999, over $400 billion in external corporate financing was raised. From 1996 through 1999, capital has been raised through the following sources: Firm issues securities, which are made available to both individual and institutional investors.