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Chap002.ppt - Financial Markets Financing Decision Source...

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2- 2-2 Financial Markets Financing Decision Source of Funds (Capital) Capital Structure
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2- 2-3 The Flow of Capital: Closely Held Corporations
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2- 2-4 The Flow of Capital: Public Corporations
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2- 2-5 The Flow of Capital: Public Corporations Financial Market: Market where securities are issued and traded. Primary Market: Market for the sale of new securities by corporations. Secondary Market: Market in which previously issued securities are traded among investors.
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2- 2-6 Financial Markets Initial Public Offering (IPO): First offering of stock to the general public. Fixed-Income Market: Market for debt securities
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2- 2-7 Financial Markets: Markets for Debt Capital Markets are used for long-term financing Example of long-term debt: Bonds Money Markets are used for short-term financing. Example of short-term debt: Commercial Paper
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2- 2-8 Information Provided by Financial Markets: Commodity Prices Interest Rates Company Value Cost of Capital
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2- 2-9 Financial Intermediaries Mutual Fund
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