Answer each of the 2 essay questions below with a response that is at least 500 words in length. The total submission for this week should be 1000 words in length. 1. What is the purpose of the capital market? How do capital market securities differ fro
Answer each of the 2 essay questions below with a response that is at least 500 words in length. The total submission for this week should be 1000 words in length.
1. What is the purpose of the capital market? How do capital market securities differ from money market securities in their general characteristics?
2. Using the Gordon growth model, explain why the 2001 terrorist attacks and the Enron financial scandal caused stock prices to decline.