Financial Environment

long-term markets

secondary markets

money markets

capital markets

U.S treasury bills

commercial paper

certificate of deposit

mutual funds

debt rate

investment return

interest rate

cost of equity

physical asset markets

intangible assets

competitive markets

easy markets

municipal bonds

corporate bonds

U.S treasury bonds

mortgages

initial public offering market

stock market

issuance market

first stock market

preferred service corporations

commercial service corporations

financial services corporations

common service corporations

stock laws

by laws

liability laws

corporate laws

investment banking house

investment bank

saving house

saving bank

competitors

shareholders

directors

all of the above