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Essay

Concept of Financial System

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Issue:

Business

 

Written by:

Anonymous

 

Date added:

February 20, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 430

 

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3380 times

 

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Essay content:

If the parties with indirectly finance with financial needs through intermediaries are known as indirect finance. Developing financial system is very important as financial systems and capacity help the organization to make sound decisions based on cash flow and available resources, monitoring funds, or comparing actual income and expenses versus budgeted amounts, helps managers ensure that the necessary funds are in place to complete an activity and etc...
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Primary market is a market where new securities are sold. These new securities can be which are never existing before that is when a company become public for the first time or additional bond or securities that a company issues. The trading can be in two ways- underwrite and private placement. Let's say, 100,000 shares need to be issued...
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