Assignment task: Kindly explain the following thoroughly.
1. What are the expected and the empirical relationships between economic security and security markets?
2.) What are the major macroeconomic techniques used to project the securities market?
3.) What are the expected and empirical relationships between the growth of the money supply and stock prices? Discuss the expected and empirical relationships among inflation, interest rates and bond prices.
4.) Explain the purpose and functions of a security markets. Differentiate primary market from a secondary market.
5.) Determine the impact of cash dividends, stock dividends, and stock splits on the firm's earning capacity and the price of its stock.