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Completion Questions
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1

The capital market includes the market and the market.
2

is the cash saved and reinvested in the firm's operation by the shareholders.
3

A firm may raise cash in the markets.
4

The firm's mix of long-term financing determines its structure.
5

Long-term financing is available in the markets.
6

A new issue of securities is sold in the (primary/secondary) market.
7

The trading of existing securities among investors occurs in the (capital/secondary) market.
8

IPO (is/is not) the last chance for a firm to issue new shares sold to the public.
9

A mutual fund is owned by .
10

The interest rate is the (lowest/highest) for top-quality (AAA) issuers.





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