Run the finance gates

Exercise and reference answers

Questions

1. Correct

   Primary

   Choices

   1. Primary
   2. Secondary
   3. Neither

2. Correct

   Secondary

   Choices

   1. Primary
   2. Secondary
   3. Neither

3. Correct

   Preferred

   Choices

   1. Common
   2. Preferred
   3. Municipal

4. Correct

   Municipal

   Choices

   1. Common
   2. Preferred
   3. Municipal

5. Correct

   Factoring

   Choices

   1. Factoring
   2. Mortgage
   3. Capital

6. Correct

   Mortgage

   Choices

   1. Factoring
   2. Mortgage
   3. Capital

Instructions

Pick the market, then the security, then the source of short-term funds.

Explanation