Without a Secondary Market, Issuers Would Be Unable to ________

question 1

Multiple Choice

Without a secondary market, issuers would be unable to ________, or they would have to pay a higher rate of return, as investors would ________ in compensation for expected illiquidity in the securities.

• A) sell new securities; increase the discount rate
• B) sell new securities; decrease the discount rate
• C) buy new securities; decrease the price
• D) sell new securities; increase the price

Understand the necessity of addressing solution uniqueness in entrepreneurial pitches.

Recognize the importance of financial modeling in the development of pitch decks.

Learn how to manage cash efficiently through the cash conversion cycle.

Understand how to calculate and interpret days sales outstanding (DSO).

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Definitions:

Atmospheric

Related to or occurring within the Earth's atmosphere, involving aspects like weather, climate, and air quality.

Tree-Ring Data

A method of dating that analyses the growth rings of trees to understand historical climate conditions, date archaeological sites, or study past volcanic eruptions.

Atmospheric Warming

The increase in Earth's average surface temperature due to rising levels of greenhouse gases in the atmosphere.

Climate Change

Long-term changes in temperature, precipitation, and weather patterns on Earth, largely attributed to human activities such as fossil fuel combustion.