MGTA02H3 Chapter Notes - Chapter 9: Oval Track Racing, Financial Industry Regulatory Authority, Mutual Fund
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MGTA02H3 Full Course Notes
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Securities: stock and bonds (which represent a secured-asset-based claim on the part of in- vestors) that can be bought and sold. Primary securities market: the sale and purchase of newly issued stocks and bonds by firms or government. To bring new security to market, the issuing corporation must obtain approval from a provin- cial securities commission and services from investment banker. Secondary security market: the sale and purchase of previously issued stocks and bonds. Market value: the current price of one share of a stock in the secondary securities market - the real value of the share: reflects the buyers willingness to invest in a company. Book value: value of a common stock expressed as total owners" equity divided by the num- ber of shares of stock. Common shares are among the riskiest of all securities. Blue-chip stocks: stocks of well-established, financially sound firms. Market capitalization: the dollar value of stocks listed on a stock exchange www. notesolution. com.
