In: Finance
Indicate whether the following instruments are examples of money market or capital market securities
In two sentences identify and briefly compare the two leading stock exchanges in the United States today
Money market refers to instruments which are issued for less than a year, in other words, these are short-term sources of funds
While, capital market securities are long-term sources of funds - generally, more than a year
US Treasury Bills - Money market
Long-term corporate bonds - Capital Market
Common Stocks - Capital Market
Preferred Stocks - Capital Market
Dealer Commercial Paper - Money market
The two leading stock exchanges in the US are : NYSE and NASDAQ