An investment banker’s role involves raising debt and equity capital in search for the best return for its clientele including corporations. A corporation depends on the financial markets to supply the funds for short term operations. The money markets deal with short term securities and have a life of one year or less...
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The money markets deal with short term securities and have a life of one year or less. The securities in the money markets may include commercial paper sold by corporations to finance their day to day operations, or certificates of deposits (CD) with maturities of less than one year which are sold by banks, as well as treasury bills...
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