FINANCIAL PLANNING
Activity Details: APA please use 2 references minimum Step 1: Introduction Begin with an introductory paragraph that describes what business financial planning is and why it important. Step 2: Research and Write Essay Content Consider the following scenario: you and your two new partners have to get through the financial planning process. They have no financial management knowledge and are confused by some of the terminology. Since most of the funding for the startup was done via capital funding, it is important that your partners understand these terms and how they can work towards the growth of the business. There are specific questions that need to be answered: What is the difference between the coupon rate and the current market interest rate of a bond? What is the difference between a mutual fund and a mutual fund family? What is the difference between a preferred stock dividend and a common stock dividend, if any? Describe and explain to the reader what the above financial planning items are and answer the questions.[unique_solution] Step 3: Conclusion Summary For the conclusion paragraph summarize what you have learned about possible business financial planning and share your thoughts about business financial planning. Activity Details: APA please use 2 references minimum Step 1: Introduction Begin with an introductory paragraph that describes what business financial planning is and why it important. Step 2: Research and Write Essay Content Consider the following scenario: you and your two new partners have to get through the financial planning process. They have no financial management knowledge and are confused by some of the terminology. Since most of the funding for the startup was done via capital funding, it is important that your partners understand these terms and how they can work towards the growth of the business. There are specific questions that need to be answered: What is the difference between the coupon rate and the current market interest rate of a bond? What is the difference between a mutual fund and a mutual fund family? What is the difference between a preferred stock dividend and a common stock dividend, if any? Describe and explain to the reader what the above financial planning items are and answer the questions. Step 3: Conclusion Summary For the conclusion paragraph summarize what you have learned about possible business financial planning and share your thoughts about business financial planning.