| Аннотація | №920
Security markets are generally separated into short-term and long-term markets. The short-term markets comprise securities with maturity of one year or less and are referred to as money markets. The securities mostly commonly traded in these markets ,are Treasure bills, commercial paper, and negotiable certificates of deposit. The long-term markets are called capital markets and consist of securities having maturity greater than one year. The most common corporate securities in this category are bonds, common stock, preferred stock, and convertible securities. These securities are found on the firm's balance sheet under the designation long-term liabilities and equities. Taken together, these long-term securities comprise the firm's capital structure. |