Response to the following questions:
1. Suppose International Business Machines (IBM) needs to raise new capital. List and briefly describe the three methods of raising capital.
2. Blockbuster Entertainment initially listed their stock on the Nasdaq system in 1983 and then changed its listing to the NYSE in 1989. Why would they initially list on the Nasdaq system? Why would they want to change their listing to the NYSE?
Make sure you use enough details to support your answers.