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Bank discount rate - PowerPoint PPT Presentation

Chapter 1

Chapter 1. Investments - Background and Issues. Investments & Financial Assets. Essential nature of investment Reduced current consumption Planned later consumption Real Assets Assets used to produce goods and services Financial Assets Claims on real assets. The Investment Process.

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CHAPTER 7

CHAPTER 7. Money Markets. Overview of the Money Market. Short-term debt market -- most under 120 days. A few high quality borrowers. Many diverse investors. Informal market centered in New York City. Standardized securities -- one security is a close substitute for another.

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Bank discount rate - PowerPoint PPT Presentation

Chapter 1

CHAPTER 7