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Lecture Fundamentals of corporate finance (3/e): Chapter 2 - Robert Parrino, David S. Kidwell, Thomas Bates

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Lecture Fundamentals of corporate finance (3/e): Chapter 2 - Robert Parrino, David S. Kidwell, Thomas Bates

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Chapter 2, the financial system and the level of interest rates. After studying this chapter you will be able to: Describe the role of the financial system in the economy and the two basic ways in which money flows through the system; discuss direct financing and the important role that investment banks play in this process; describe the primary, secondary, and money markets, explaining the special importance of secondary and money markets to business organizations;…

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