FIN 2601 ASSIGNMENT 1

The money market is created by a financial relationship between suppliers and demanders of short-term funds (funds with maturities of one year or less). The money market exists because some individuals, businesses, governments, and financial institutions have temporarily idle funds that they wish to invest in a relatively safe, interest-bearing asset. The capital market is a market that enables suppliers and demanders of long-term funds to make transactions. Included are securities issues ...