FnMngmt Week2.docx - 1 Chapter 7 Exercise 2 Assume you are an elected member of Congress of the United States A lobbying group has agreed to provide

FnMngmt Week2.docx - 1 Chapter 7 Exercise 2 Assume you are...

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1 Chapter 7 Exercise 2 Assume you are an elected member of Congress of the United States. A lobbying group has agreed to provide financial support for your reelection campaign next year. In return for the group’s support, you have been asked to champion their self-interests in the form of a spending bill that is being considered by Congress. What would you do and why? The first thing to consider is what the group is and would their support benefit you politically as well as financially. Do you want to be in debt to a group that you may not share the same belief in just because you need the money for your campaign? Probably not. You would be part of the group and show that you support them because they are helping to fund your campaign. I would most likely not do this, I would find other means of funding myself and any future campaign. Exercise 4 Instruments/Securities Maturities Corporate Stocks - no maturity Treasury bills - less than one year Mortgages - up to about 30yrs Commercial paper - up to one year
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  • Spring '14
  • MCGILLO'ROURKE

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