The sale of either stocks or bonds to raise money is known as equity finance.
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Q10: Other things the same, the higher the
Q11: Because of differences in tax treatment, municipal
Q12: All financial intermediaries are financial institutions, but
Q13: Banks and mutual funds are examples of
Q14: The financial system coordinates investment and saving,
Q16: When economists refer to investment, they mean
Q17: Other things the same, corporate bonds generally
Q18: When a corporation experiences financial problems, bondholders
Q19: Lenders sell bonds and borrowers buy them.
Q20: If people become less optimistic about the
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