《《Topic1_Investment Environment》.pdfVIP

BUFN 740: Capital Markets Topic 1 The Investment Environment and Historical Record BKM 1-5 Real Assets Versus Financial Assets   Real Assets –  Determine the productive capacity and net income of the economy –  Examples: Land, buildings, machines, knowledge used to produce goods and services   Financial Assets –  Claims on real assets –  Three types: Fixed income or debt, Common stock or equity, Derivative securities 2011 Fall BUFN 740