Week Two – Individual Assignment 1
WEEK TWO – INDIVIDUAL ASSIGNMENT
Week Two – Individual Assignment
University of Phoenix
Week Two – Individual Assignment 2
Chapter Study Questions
Prepare responses to the following chapter study questions located in Chapter 14 of the
Financial Management: Principles and Applications
text, by Keown.
What are financial markets? What function do they perform? How would an economy be
worse off without them?
Financial markets are essentially the primary means which assists people in purchasing,
sell, and trading financial securities such as bonds and stocks. Financial markets basically direct
funds from agents to lenders, and vice-versa. Some forms of financial markets are money
markets, bond markets, capital markets, commodity markets, and even insurance markets.
Borrowers would need to locate their own lenders if there were not financial markets. However,
banks make this much easier for borrowers by taking deposits and lending out money in an
This is the end of the preview. Sign up
access the rest of the document.