question archive The University of Central Florida (UCF) wanted "to creat atown center where students can live, eat, study and revel in college traditions like football
The University of Central Florida (UCF) wanted "to creat atown center where students can live, eat, study and revel in college traditions like football
Subject:EconomicsPrice:3.87 Bought7
The University of Central Florida (UCF) wanted "to creat atown center where students can live, eat, study and revel in college traditions like football." In addition, the university needed funding to build dorms that would house 2000 students. UCF was able to secure financing by promising to pay a lender a specific amount of money on specific dates. This transaction takes place in the ________ market for ________ capital.
A) loan; financial B) loan; physical
C) stock; financial D) bond; financial
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Answer:
D) bond; financial
Step-by-step explanation
Bond market is a marketplace where investors buy debt securities (bonds). The University of Florida's fund can be generated from this market to have financial capital. Companies issue bonds to fund future investments.
Reference:
Chen, J. (March 31, 2020)
Bond Market
https://www.investopedia.com/terms/b/bondmarket.asp
