国际金融市场(双)书后练习题答案.docxVIP

习题答案仅供参考，还需学生自行总结充实答案内容！Chapter 1 Role of financial markets and institutions2.Distinguish between primary and secondary markets.ANSWER: Primary markets are used for the issuance of new securities while secondary markets are used for the trading of existing securities.3.Distinguish between money and capital markets.ANSWER: Money markets facilitate the trading of short-term (money market) instruments while capital markets facilitate the trading of long-term (capital market) instruments.Chapter 2 Determination of interest rates11.What is the difference between the nominal interest rate and real