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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University

Corporate Stock

Chapter Objectives


You will learn about the characteristics of common and preferred corporate stock.

You will understand how the stock market operates today and what its component parts are.

You will be able to compare and contrast the roles and functions of the organized stock exchanges and the over-the-counter market.

You will explore the question of market efficiency and examine the evidence for and against the efficiency of the stock market.




McGraw-Hill/Irwin