PRIN.OF CORPORATE FINANCE
PRIN.OF CORPORATE FINANCE
13th Edition
ISBN: 9781260013900
Author: BREALEY
Publisher: RENT MCG
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Chapter 33, Problem 1PS

a)

Summary Introduction

To mention: The major countries that have the largest stock markets.

a)

Expert Solution
Check Mark

Explanation of Solution

The Country K has the largest stock market in the world. The Country K stock market is larger as a percent of the gross domestic product (GDP). The Country U has the largest market in the world.

b)

Summary Introduction

To mention: The major countries that have the largest bond markets.

b)

Expert Solution
Check Mark

Explanation of Solution

The Country K has the largest bond market in the world. The market is larger when it is seen as a percent of the gross domestic product (GDP). The Country U has the largest market in the world.

c)

Summary Introduction

To mention: The country that has the smallest direct holdings of shares by individual investors.

c)

Expert Solution
Check Mark

Explanation of Solution

Country JN has the smallest direct holdings of shares by individual investors.

d)

Summary Introduction

To mention: The country that has the largest holdings of bank deposits by individual investors.

d)

Expert Solution
Check Mark

Explanation of Solution

Country JN has the largest holdings of bank deposits by individual investors.

e)

Summary Introduction

To mention: The area which has the largest holdings of shares by other corporations.

e)

Expert Solution
Check Mark

Explanation of Solution

Euro area has the largest holdings of shares by other corporations.

f)

Summary Introduction

To mention: The country that has the largest use of trade credit for financing.

f)

Expert Solution
Check Mark

Explanation of Solution

Country JN has the largest use of trade credit for financing

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