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Homework answers / question archive / Thomas Edison State College - FIN MISC 1) What financial market might a project sponsor go to, to secure funding for a new basketball stadium in Los Angeles that could cost up to $3 billion dollars or more? Be specific in your response with an in-depth explanation
2. What is the difference between primary vs secondary markets?
3. Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today? For this question, you must show the formula and/or process that led to the solution. This is required for a finance class like ours. I will not give credit for solutions without the formula/process as stated.
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