ARE FINANCIAL MARKETS
the end of this chapter, students will be
basic reasoning behind the
efficient market hypothesis
3 forms of EMH
a. It has been said that your face (especially your eyes) is the most expressive part
of your body. Give examples of eye movement, and explain what these
movements usually mean.
Maintaining eye contact indicates that you are interested in some
THE FOREIGN EXCHANGE
At the end of this chapter, students will be able to
spot rate and forward rate
direct quotation and indirect
THE STOCK MARKET
learn about the characteristics of
common and preferred corporate stock.
understand the role equities play in
financing business investment.
compare and contras
You can obtain a one-year loan at a fixed rate of 8% or a floating-rate loan that is currently at 8%
but would be revised every month in accordance with general interest rate movement. Which
type of loan is more appropriate based on the informa