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Concept of Financial System
Essay specific features
Written by:
Anonymous
Date added:
February 20, 2017
Level:
University
Grade:
A
No of pages / words:
2 / 430
Was viewed:
3374 times
Rating of current essay:
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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