With its proven conceptual framework and clear presentation, FINANCIAL MARKETS AND INSTITUTIONS, Abridged Ninth Edition (with Stock-Trak coupon), can help you understand why financial markets exist, how financial institutions serve those markets, and the various services those institutions offer. In describing each type of market, the text emphasizes the securities traded in that market and how financial institutions participate in it, while descriptions of financial institutions focus on their management, performance, regulatory aspects, use of financial markets, and sources and uses of funds. Following the introduction of key financial markets and institutions,.
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