Answer each question with 90 or more words each. No work citation needed.
- Compare and contrast the features of common stock and preferred stock.
- Describe the characteristics of long-term debt.
- Distinguish between floating rate and fixed rate corporate bonds.
- Describe the stages in venture capital financing.
- Explain the methods used to issue new securities.
- Explain the role of investment banks in the underwriting process.
- Describe the uses and sources of cash.
- Describe the characteristics of the operating cycle and the cash cycle.
- Explain how the cash budget is used in short-term financial planning.
Please try to use the source:
Ross, S., Westerfield, R., Jaffe, J., & Jordan, B. (2016). Corporate Finance (11th). New York, NY: McGraw-Hill.