Understand the characteristics and sources of debt finance and equity finance, particularly the difference between bank borrowing and bonds.
Learning Objectives
Identify the characteristics and sources of debt finance.;Analyze the advantages and disadvantages of a company listing its shares on a stock exchange.;Analyse the various methods of issuing shares;Analyze the difference between bank borrowings and bonds;Analyse the different types of bank finance available.
Major Topics
Long term debt;Stock exchanges and capital markets;Types of share issues;Bond Finance;Bank finance