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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Platonic ideas
Financial Distress Costs
The direct and indirect costs associated with going bankrupt or experiencing financial distress.
Capital Markets
Financial markets where long-term debt and equity securities are bought and sold.
Derivatives
Financial instruments whose value is based on the value of an underlying asset, index, or security.
Forward Contracts
A financial agreement to buy or sell an asset at a specific future date for a price agreed upon today.
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