1. Identify and discuss the various types of money market or capital market securities; what are their respective purposes? Not less than 250 words and please provide references.
2. How does the Federal Reserve implement its monetary policy; what tools are at its disposal, and how can those tools be utilized? Not less than 250 words and please include references.
3. The bond market is considerably larger than the stock market. In your opinion, why is this? Why do companies choose to finance their projects with debt so often?