Across
- 2. policies enacted by Congress and the president to influence demand for goods and services
- 6. first distribution to the public; proceeds go to issuer
- 8. issuer transactions, sold to the public
- 11. rate Fed. member banks charge each other for overnight loans
- 12. stocks and bonds
- 14. Sold as units, offered with other securities, long-term, exercise above CMV when issued
- 16. transactions between investors
- 17. exchange-listed securities traded OTC
Down
- 1. issuer may buy back shares at a specified price
- 3. issued to raise capital ; provides investor growth
- 4. issued to raise capital; provides investor's income
- 5. prices determined by market forces where sellers of goods will price them to meet demand
- 7. missed dividend
- 9. policies enacted by the FRB to influence money supply
- 10. direct trading between institutional investors
- 12. Firm that carries customer accounts; accepts funds/securities
- 13. handles custody of securities and other services
- 15. available to existing shareholders, short term, exercise below CMV