In your own words describe the term liquidity preference. Provide an example from your personal finances.
Find the current yield curve and attempt to copy and paste it in your answer. What is the direction of the current yield curve? What might you conclude about future interest rates and economic activity from the yield curve?
Identify the three elements of the Efficient Market Hypothesis then summarize in your own words.
Identify and explain the main elements used to determine the valuation of common stock.