1. Explain the important role played by financial institutions and financial markets within the economy

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
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1. Explain the important role played by financial institutions and financial markets within the economy

2. The board of directors has approached you as the financial manager to come up with a remedial approach to the company`s financial woes. They have tasked you with writing a report addressed to the Board of Directors that will inform them on the following:

2.1 Identify and discuss three best different forms of short- term financing for business, including their respective merits and

2.2 Identify and discuss two best different forms of long -term financing, including their respective merits and characteristics applicable for the above situation.            

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