3 areas of study in finance correct answers corporate
investments
financial intermediaries
corporate correct answers aka managerial -
inside a non-financial firm looking out; maximizing shareholder wealth
valuation (under corporate) correct answers estimate risk, cash flows, apply models/methods
Investments correct answers examine from the prospective of those trying to maximize wealth.
usually outside of the firm looking in
Financial intermediaries correct answers outside a non-financial firm - but often have inside
positions
corporate form of business is correct answers the standard method for solving the problems
encountered in raising capital
types of corporate firms: correct answers 1. sole proprietorships
2. partnerships
3. Limited Liability Companies
4. corporations
sole proprietorship correct answers easy set up
one own
unlimited person liability