Explain relative importance of direct vs. indirect finance

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List four major sources of external financing for the non-financial firms in developed economies and provide a brief explanation of the relevant importance of those sources using the United States as an example.

Explain the relevant importance of debt vs. equity financing and the reasons for the mass-media preoccupation with equity markets.

Explain the relevant importance of marketable securities vs. non-marketable securities.

Explain the relative importance of direct vs. indirect finance.

Reference no: EM13795915

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