... six basic related functions: financing, capitol budgeting, a capital structure decision, financial management, corporate governance function, and risk- management. Corporations raise capital by selling debt which are bonds and notes, and equity which is stock claims against themselves - either directly to investors or indirectly to financial intermediaries, such as commercial banks. Financial managers distribute these funds to the most attractive ... short-term funding by issuing commercial paper directly to investors in the money market, the market for debt instruments maturing in one y...

• Word Count: 1383
• Approx Pages: 6
• Grade Level: Graduate