BU111 Lecture Notes - Lecture 4: Capital Gain, Life Insurance, Brokered Programming
wafeliza and 39872 others unlocked
19
BU111 Full Course Notes
Verified Note
19 documents
Document Summary
Midterm: multiple choice will be similar to the ones on pearson, formulate review notes as answers to questions. Canadian financial system: read page 79-90 (up to lo-5, make notes on topics shown in slides up to and including international business. Securities markets: part of pillar #4, where stocks, bonds, and other securities are sold (similar to a farmers market, primary markets, secondary markets public on the market for the first time. 1: bonds are safer than stocks, types, secured (collateral that ensures payment is secured) vs. unsecured/debentures (no specific asset associated with the payment, e. g. Mortgage is secured, credit cards are not secured: registered (the company knows who you are) vs. bearer (bonds that lower interest rate (can go from a lender to a owner) Concept of yield: percentage return on my investment, helps us to compare investments. Yield = what you made = interest + capital gain =x%