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Meaning of the risk structure of interest rates
Explain the meaning of the risk structure of interest rates. List and explain the three […]
15 min read
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8 instances a director may be personally liable
Name 8 instances when a director of a company may be held personally liable Introduction […]
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Conflicts of interest in Underwriting & Investment banking.
Explain why conflicts of interest arise in underwriting and research in investment banking. Investment banks […]
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A type of moral hazard
Explain the meaning of conflicts of interest (a type of moral hazard), and why they […]
4 min read
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Concept of moral hazard
Explain the meaning of the concept of moral hazard and why it explains that debt […]
4 min read
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Moral hazard – Stocks and Debt contracts
Explain why moral hazard explains why stocks are not the most important source of financing […]
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Adverse selection in credit markets
Explain why the presence of adverse selection in credit markets explains the fact that collateral […]
6 min read
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Why marketable securities?
Explain why marketable securities (debt and equity) are not the primary source of financing for […]
3 min read
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Role of financial intermediaries
Explain the role of financial intermediaries by referring to the problem of high transaction costs […]