Define the capital markets


Response to the following questions:

1. What are capital markets, and how do bond markets fit into the definition of capital markets?

2. What are the differences between T-bills, T-notes, and T-bonds?

3. What is a STRIP? Who would invest in a STRIP?

4. What is the difference between general obligation bonds and revenue bonds?

If possible, please give examples to better understand your response.

 

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Financial Accounting: Define the capital markets
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