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Graphic1 - CBSE

1 LEARNING OBJECTIVESA fter studying this chapter, you will be able:lTo understand the financial understand various alternative financial compare alternative financial instruments on key know various investment objectives and constraints of the financial understand the difference between real investments and financial had the opportunity to watch the action from the ring side seat and the thingswe saw, heard and experienced stirred some deeper thoughts in our mind about ourwisdom or lack of it, in matters related to financial markets and investors in spite of distressing evidence all around still get carried away by business is all about informed decisions.

3 This secondary market has further two components. First, the spot market where securities are traded for immediate delivery and payment. The other is forward market where the securities are traded for future delivery and

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