If you were to purchase 100 shares of common stock in Amazon. com, Inc. (AMZN) and it is currently selling for $1,603.14 per share, would you be participating in the primary of secondary market? In your response, be sure to clearly state the difference between primary and secondary markets.
What is an initial public offering (IPO)? List and explain at least two reasons why a company would want to issue an IPO?
What is a Treasury-bill, who issues it, and why is it considered risk-free? In your response, be sure to clearly signal an understanding of what it means to be risk-free (i.e., more than “it is free of risk.”)
What is the goal of financial management? Why do you think this is important?