12 - Business 3/12 Learn how to d balance sheet and income...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Business 3/12 Learn how to d balance sheet and income statement Bond Ladder Purchase bonds in multiple industries, with different maturity dates o Decrease interest rate risk by holding both short term and long term bonds o Decrease exposure to single industry What does market cap mean? The total value of a company. The value of single share multiplied by the total number of shares of the company. Money and Banking Functions of money Medium of exchange- accepted as a method of value Measure of value- how much it is worth in dollar value Store of value- means of retaining and accumulating wealth Characteristics of money Divisibility Portability Stability Durability Difficult to counterfeit Acceptability Future of money Smart cards – a card that can be read remotely Pay-by-phone Money supply How is the money supply measured? o M1- most liquid Cash, demand deposits, travelers checks o M2- is m1 plus
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/30/2009 for the course BCOR 1010 taught by Professor Latier,jef during the Spring '07 term at Colorado.

Page1 / 3

12 - Business 3/12 Learn how to d balance sheet and income...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online