Description
Prerequisite: FIN 5305
3 lecture hours
This course provides an examination of the current structure, pricing,
competition, and financial innovations in money and capital markets.
Theory is coupled with contemporary events to study the impact of the
secular rise and cyclical variability of interest rates, the proliferation of
financial instruments, deregulation and the wider competition in financial
markets. Individual segments of the money market such as the commercial
paper and acceptances markets are examined, as are capital market
segments such as the various bond markets, mortgages, and derivative
instruments.