Finance assignment， Due 10/26

References need to come from the textbook as much as possible

1) Compare and contrast the following money market instruments with regard to; primary purpose; secondary market strength; issuers and purchasers of the instrument; default risk; and interest rate calculation basis?

a. Fed Funds

b. Treasury Bills

c. Repurchase Agreements

d. Commercial Paper

e. Negotiable Certificates of Deposits

f. Banker Acceptances

2) Corporate Bonds often differ significantly based on the different characteristic of each issue. Describe in detail the following special bond characteristics and identify whether they increase or decrease the required interest rate on the bonds?

a. Convertibility

b. Sinking Fund

c. Callability

d. Bond Rating

3) Describe the different fees paid by the borrower that are associated with their receiving a mortgage loan.

4) Provide an overview of the stock market. Also describe the ownership, voting rights and liabilities associated with stock ownership.

5) Extra Credit Question: What role do you feel regulation should play in the Financial Markets.