A _____________is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds.
A. money market
B. capital market
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______________ are securities that represent a debt owed by the issuer to the investor.
A. Mutual Fund
B. Mortgages
C. Stocks
D. Bonds
The primary issuers of capital market securities are________________________________________.
A. central government
B. local government
C. corporations
D. households
______________ are loans to households or firms to purchase housing, land, or other real structure, where the structure or land itself serves as collateral for the loans.
There are two basic types of equity securities: common stock and preferred stock.
A. 对
B. 错