Question:
1) SUNY-Old Westbury wants to buy computers and Laboratory equipment's, for the Physics and Chemistry Department. These are considered capital long term projects.
You are the CFO of the College; how does the President goes about to finance these long terms projects that will cost between $20 million to $35 million?
What role do financial Institutions play in such a project?
Hint:
a) College ( SUNY OW) has to justify need to the SUNY Chancellor in Albany, NY.
b) Chancellor to board of Trusties.
c) Financing phase
d) Bank selection etc.
e) Under writer? What? Sells what to raise capital
2) List and describe the different types of financial intermediaries
3) What are some evolutions of payment systems?
4) What are the 4 types of Credit Market Instruments?
Just naming them is not enough? You must explain each of them with an example to get full credits.